Exam

Report

Revisit the characteristics of the entrepreneur and associated strengths and weaknesses
Describing the nature of an entrepreneurial enterprise in using financial-based measures
Reconcile the entrepreneur’s desire for dynamism with the accountants need for rational control
Consideration of the fundamentals of finance which are most relevant to a small entrepreneurial enterprise and how these measures and processes change as the business grows.
Reading and analysing financial accounts and creating metrics to when forecasting and measure the performance of an entrepreneurial enterprise
Sources of funding – the pros and cons of each, from traditional to modern. 
When to fund a business through debt, when to fund through equity.
Exit strategies and business valuation
What makes a successful business plan?

Financial Planning - 7502DIMENT

Financial Planning

Critically evaluate how the dynamic characteristics of the mindset of an entrepreneur can be reconciled with sound financial management

Demonstrate and discuss the key elements of a Business Plan and successful Bid application

Critically evaluate the benefits, constraints, risks and costs of different sources of funding

Explain the importance of sound financial planning and cost control within a dynamic enterprise environment

Critically analyse the benefits of using key financial accounting and management information when forecasting, monitoring and controlling a fast growing entrepreneurial business

Apply the concepts of accounting to the entrepreneurial decision making process in pursuit of value creation within an enterprise