Finance 306

Ch 1. Launching a New Small Business
	Lesson 1 – Steps & Aspects for Starting a New Business	Take Quiz
	Lesson 2 – Purchasing an Existing Business: Considerations, Pros & Cons	Take Quiz
	Lesson 3 – Inheriting & Managing a Family-Owned Business	Take Quiz
	Lesson 4 – Feasibility Plans for Small Businesses	Take Quiz
	Lesson 5 – Business Plans: How to Develop a Feasibility Plan	Take Quiz
	Lesson 6 – How to Write a Business Plan	Take Quiz

Go to chapter Launching a New Small Business

Practice test: Launching a New Small Business

Ch 2. Types of Small Businesses
	Lesson 1 – What is a Sole Proprietorship? – Definition, Advantages, Disadvantages & Examples	Take Quiz
	Lesson 2 – The Basics of Partnerships: Types & Examples	Take Quiz
	Lesson 3 – The Basics of LLCs: Limited Liability Companies	Take Quiz
	Lesson 4 – Corporations: Types, Advantages, Disadvantages & Examples	Take Quiz
	Lesson 5 – What Is an S Corporation? – Definition, Requirements, Advantages & Examples	Take Quiz
	Lesson 6 – What Is Franchising? – Definition & Explanation	Take Quiz
	Lesson 7 – Franchises: Opportunities and Challenges	Take Quiz
	Lesson 8 – First-Mover: Advantages, Disadvantages & Examples	Take Quiz

Go to chapter Types of Small Businesses

Practice test: Types of Small Businesses

Ch 3. Financial Planning for Small Business
	Lesson 1 – The Financial Planning Process	Take Quiz
	Lesson 2 – What Is a Financial Plan for a Business? – Definition & Example	Take Quiz
	Lesson 3 – Start-Up Budget: Definition & Example	Take Quiz
	Lesson 4 – Comparing Budgeting & Forecasting	Take Quiz
	Lesson 5 – Financial Goal: Definition & Examples	Take Quiz

Go to chapter Financial Planning for Small Business

Practice test: Financial Planning for Small Business

Ch 4. Financing for Small Business
	Lesson 1 – Funding Opportunities for Entrepreneurs	Take Quiz
	Lesson 2 – Debt Capital Vs Equity Capital	Take Quiz
	Lesson 3 – Sources of Short-Term Financing	Take Quiz
	Lesson 4 – Sources of Long-Term Financing	Take Quiz
	Lesson 5 – Bootstrapping: Definition, Method, Techniques & Example	Take Quiz
	Lesson 6 – Asset-Based Lending: Definition & Uses	Take Quiz
	Lesson 7 – Angel Investing: Definition, Benefits & Risks	Take Quiz

Go to chapter Financing for Small Business

Practice test: Financing for Small Business

Ch 5. Financial Statements for Small Business
	Lesson 1 – What Are Financial Statements? – Definition, Purpose & Importance	Take Quiz
	Lesson 2 – The Purpose of Notes on Financial Statements	Take Quiz
	Lesson 3 – The Balance Sheet: Purpose, Components & Format	Take Quiz
	Lesson 4 – What Is an Income Statement? – Purpose, Components & Format	Take Quiz
	Lesson 5 – The Statement of Cash Flows: Purpose, Format & Examples	Take Quiz
	Lesson 6 – Statement of Changes in Equity: Purpose & Examples	Take Quiz

Go to chapter Financial Statements for Small Business

Practice test: Financial Statements for Small Business

Ch 6. Financial Statement Analysis for Small Business
	Lesson 1 – Financial Statement Analysis: Definition, Purpose, Elements & Examples	Take Quiz
	Lesson 2 – Standards for Comparison in Financial Statement Analysis	Take Quiz
	Lesson 3 – Applying Horizontal Analysis Methods	Take Quiz
	Lesson 4 – Applying Vertical Analysis Methods	Take Quiz
	Lesson 5 – Issues with Financial Statement Analysis	Take Quiz
	Lesson 6 – Limitations of Financial Statement Analysis	Take Quiz

Go to chapter Financial Statement Analysis for Small Business

Practice test: Financial Statement Analysis for Small Business

Ch 7. Interest Rates Overview for Small Business
	Lesson 1 – Nominal Interest Rate: Definition & Equation	Take Quiz
	Lesson 2 – Real Interest Rate: Definition & Calculation	Take Quiz
	Lesson 3 – Short vs. Long Term Interest Rates: Differences & Significance	Take Quiz
	Lesson 4 – Interest Rate Risk: Definition, Formula & Models	Take Quiz
	Lesson 5 – Term Structure of Interest Rates: Definition & Overview	Take Quiz
	Lesson 6 – Required Assignments Reminder

Go to chapter Interest Rates Overview for Small Business

Practice test: Interest Rates Overview for Small Business

Ch 8. Financial Ratios Overview for Small Business
	Lesson 1 – Financial Statement Ratios: Determining Company Performance	Take Quiz
	Lesson 2 – Defining and Applying Financial Ratio Analysis	Take Quiz
	Lesson 3 – Commonly Used Financial Ratios	Take Quiz
	Lesson 4 – Liquidity Ratio: Definition, Calculation & Analysis	Take Quiz
	Lesson 5 – Current Ratio in Accounting: Definition, Formula & Analysis	Take Quiz
	Lesson 6 – What Is Inventory Turnover? – Definition, Formula & Calculation	Take Quiz
	Lesson 7 – Profitability Ratio: Definition, Formula, Analysis & Example	Take Quiz
	Lesson 8 – Leverage Ratios: Types & Formula	Take Quiz
	Lesson 9 – Efficiency Ratios: Types & Formula	Take Quiz
	Lesson 10 – How to Calculate Earnings Per Share: Definition & Formula	Take Quiz

Go to chapter Financial Ratios Overview for Small Business

Practice test: Financial Ratios Overview for Small Business

Ch 9. Accounting in Small Business
	Lesson 1 – What Is Accounting? – Purpose, Importance & Relationship to Business	Take Quiz
	Lesson 2 – Accounting vs Bookkeeping: Differences and Similarities	Take Quiz
	Lesson 3 – Small Business Accounting & Financial Reporting Overview	Take Quiz
	Lesson 4 – The Accounting Cycle: Definition, Steps & Examples	Take Quiz
	Lesson 5 – Using the Accounting Equation: Analyzing Business Transactions	Take Quiz
	Lesson 6 – Manual Accounting System: Definition, Advantages & Disadvantages	Take Quiz
	Lesson 7 – Comparing the Effects of Capitalizing & Expensing	Take Quiz
	Lesson 8 – External and Internal Users and Uses of Accounting	Take Quiz
	Lesson 9 – Requirements for Small Business Accounting Systems	Take Quiz

Go to chapter Accounting in Small Business

Practice test: Accounting in Small Business

Ch 10. Forecasting in Small Business
	Lesson 1 – What is Forecasting in Business? – Definition & Models	Take Quiz
	Lesson 2 – Forecasting: Strategic Role, Components & Types	Take Quiz
	Lesson 3 – Short-Term, Long-Term & Immediate Sales Forecasting	Take Quiz
	Lesson 4 – Important Ratios in Financial Forecasting	Take Quiz
	Lesson 5 – Accuracy & Error in Financial Forecasting	Take Quiz
	Lesson 6 – Pro Forma Financial Statements & Project Cash Flows	Take Quiz

Go to chapter Forecasting in Small Business

Practice test: Forecasting in Small Business

Ch 11. Capital Budgeting & Management in Small Business
	Lesson 1 – Capital Budgeting: Definition & Process	Take Quiz
	Lesson 2 – Alternative Approaches to Capital Budgeting Decisions	Take Quiz
	Lesson 3 – Weighted Average Cost of Capital	Take Quiz
	Lesson 4 – Present and Future Value: Calculating the Time Value of Money	Take Quiz
	Lesson 5 – Using Ethics When Making Capital Budgeting Decisions	Take Quiz
	Lesson 6 – What is Working Capital Management? – Definition & Examples	Take Quiz
	Lesson 7 – How to Calculate Net Working Capital: Definition & Formula	Take Quiz
	Lesson 8 – Evaluating a Budget Using the Net Present Value Method	Take Quiz
	Lesson 9 – Using the Accounting Rate of Return Method to Evaluate a Budget	Take Quiz
	Lesson 10 – How to Evaluate a Budget Using the Post-Audit Method	Take Quiz

Go to chapter Capital Budgeting & Management in Small Business

Practice test: Capital Budgeting & Management in Small Business

Ch 12. Financial Management for Small Business
	Lesson 1 – Financial Management at All Stages of the Business Life Cycle	Take Quiz
	Lesson 2 – Profitability Index Method: Definition & Calculations	Take Quiz
	Lesson 3 – Break-Even Analysis: Definition & Example	Take Quiz
	Lesson 4 – Incremental Analysis: Definition & Examples	Take Quiz
	Lesson 5 – Payback Analysis: Formula & Example	Take Quiz
	Lesson 6 – Internal Rate of Return Method: Definition & Calculation	Take Quiz

Go to chapter Financial Management for Small Business

Practice test: Financial Management for Small Business

Ch 13. Asset Management for Small Business
	Lesson 1 – Business Assets: Definition & Examples	Take Quiz
	Lesson 2 – How to Calculate the Value of Small Business Assets	Take Quiz
	Lesson 3 – What Is Inventory Management? – Demand vs. Cost	Take Quiz
	Lesson 4 – What Is Cash Flow? – Definition, Calculation & Example	Take Quiz
	Lesson 5 – Cash Budget: Definition & Examples	Take Quiz
	Lesson 6 – Motives for Holding Cash	Take Quiz
	Lesson 7 – Investing Idle Cash	Take Quiz

Go to chapter Asset Management for Small Business

Practice test: Asset Management for Small Business

Ch 14. Risk Management for Small Business
	Lesson 1 – Risk Analysis & Risk Management in Business: Overview, Objectives & Comparison	Take Quiz
	Lesson 2 – Ways to Manage Risk: Insurable and Uninsurable Risk	Take Quiz
	Lesson 3 – Insurance Coverage for Various Types of Risk	Take Quiz
	Lesson 4 – Risk Sharing: Definition, Strategies & Examples	Take Quiz
	Lesson 5 – What Is Contingency Planning in Business? – Definition, Example & Importance	Take Quiz

Go to chapter Risk Management for Small Business

Practice test: Risk Management for Small Business

Ch 15. Retirement & Estate Planning for Small Business
	Lesson 1 – Retirement Plan Selections for Businesses: Types & Factors	Take Quiz
	Lesson 2 – Estate Planning: Taxes, Trusts & Gifts	Take Quiz
	Lesson 3 – Business Succession Planning: Steps & Strategies	Take Quiz
	Lesson 4 – Sources of Income in Retirement	Take Quiz
	Lesson 5 – Understanding Retirement and Pension Plans	Take Quiz

Go to chapter Retirement & Estate Planning for Small Business

Practice test: Retirement & Estate Planning for Small Business

Ch 16. Required Assignments for Finance 306
	Lesson 1 – Small Business Finance – Assignment: Create a Small Business Venture

Go to chapter Required Assignments for Finance 306