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In this module of the "Simple Steps for Starting Your Business" online program, you will learn about accounting and bookkeeping systems, sources of capital, the six C’s of credit and banking relations.You will also conduct a financial statement analysis and determine the next steps on your path to starting a business.

These courses help you test the feasibility of your idea and decide whether or not you should move forward with your business or go back to the drawing board. You'll do this by researching industry profile data, customer data, financial projections and other information. You'll

All business is risk vs. reward, and the financial planning process will help you assess both. Having a financial plan will not only help guide business development decisions and monitor results, but it will also help you match your business concept with personal income goals. In addition, the financial plan can be used as a budget and can be compared to actual results in the future.

In this module of the "Simple Steps for Starting Your Business" program, you'll learn the importance of financial planning.

You will learn how to build your financial model, and how to understand financial

In the modern economy, small businesses entrepreneurs provide some of the highest value creation through a combination of patents, trademarks, copyrights, and trade secrets. Having an understanding of the intellectual property that you are creating and how to protect your investment now will save you headaches in the future. It will also help as you develop and invest in your business to avoid infringing on the IP of other existing businesses.You will learn how to think about IP and how to plan your time and investment in this aspect of your business.