Business Finance Mastery

Business Finance Mastery

GHS 549

(296 reviews)

Transform your business's financial management with our comprehensive course designed specifically for Ghanaian entrepreneurs and small business owners. Master the financial skills needed to grow a sustainable and profitable business.

What You'll Learn:

  • Setting up proper financial systems for your business
  • Business accounting fundamentals and financial statements
  • Effective cash flow management strategies
  • Pricing strategies for profitability
  • Tax compliance for Ghanaian businesses
  • Accessing business financing and managing growth

Course Features:

  • 12 comprehensive modules with over 60 lessons
  • Business finance templates and planning tools
  • Ghana-specific business case studies
  • 12 months of access to online learning platform
  • Certificate of completion
  • Quarterly business finance webinars
  • One-on-one financial consultation session

Duration: 16 weeks

Level: Beginner to Intermediate

Language: English

Format: Online with downloadable resources

30-day satisfaction guarantee. If you're not completely satisfied with the course, we offer a full refund.

Course Syllabus

Module 1: Business Finance Foundations

  • The Role of Finance in Business Success
  • Personal vs. Business Finances
  • Setting Up Your Business's Financial Structure
  • Financial Goals and KPIs for Your Business

Module 2: Business Accounting Essentials

  • Accounting Principles for Small Businesses
  • Setting Up an Accounting System
  • Record-Keeping Best Practices
  • Digital Accounting Tools for Ghanaian Businesses

Module 3: Understanding Financial Statements

  • Reading and Creating Income Statements
  • Balance Sheet Fundamentals
  • Cash Flow Statements Explained
  • Using Financial Statements for Decision Making

Module 4: Cash Flow Management

  • Cash Flow Forecasting and Planning
  • Managing Accounts Receivable
  • Strategies for Improving Cash Flow
  • Surviving Cash Flow Crises

Module 5: Pricing and Profitability

  • Cost Analysis and Profit Margins
  • Pricing Strategies for Different Business Models
  • Break-Even Analysis
  • Maximizing Profitability in the Ghanaian Market

Module 6: Business Budgeting

  • Creating Operational Budgets
  • Capital Expenditure Budgeting
  • Budget Monitoring and Variance Analysis
  • Flexible Budgeting for Changing Conditions

Module 7: Business Taxation in Ghana

  • Tax Obligations for Ghanaian Businesses
  • VAT, Income Tax, and Other Business Taxes
  • Tax Planning and Compliance
  • Working with Tax Authorities

Module 8: Financing Your Business

  • Funding Options for Ghanaian Businesses
  • Bank Loans and Requirements
  • Alternative Financing Sources
  • Creating Winning Loan Applications

Module 9: Financial Risk Management

  • Identifying Business Financial Risks
  • Credit Risk Management
  • Currency and Interest Rate Risks
  • Insurance and Risk Mitigation Strategies

Module 10: Managing Business Growth

  • Financing Expansion and Growth
  • Managing Working Capital During Growth
  • Financial Considerations When Scaling
  • Sustainable Growth Strategies

Module 11: Financial Technology for Business

  • Digital Payment Solutions for Ghanaian Businesses
  • Financial Management Software Options
  • Mobile Money for Business Transactions
  • Integrating Financial Technology Into Your Operations

Module 12: Building Financial Resilience

  • Creating Business Emergency Funds
  • Financial Contingency Planning
  • Adapting to Economic Changes
  • Long-term Financial Sustainability

Meet Your Instructors

Joseph Asante, CPA

Lead Business Finance Educator

Joseph is a Certified Public Accountant with over 15 years of experience working with small and medium-sized businesses in Ghana. He specializes in helping entrepreneurs establish proper financial systems and make informed financial decisions. He has consulted for over 200 Ghanaian businesses across various sectors.

Sophia Boateng, MBA

Business Growth Specialist

Sophia has founded and scaled three successful businesses in Ghana and brings practical experience in managing business finances during different growth stages. Her expertise includes accessing business funding, managing cash flow during expansion, and creating financial strategies for sustainable growth.

Eric Mensah, Tax Consultant

Business Taxation Expert

Eric has worked with the Ghana Revenue Authority and now specializes in helping businesses navigate the Ghanaian tax landscape. His practical approach to tax compliance and planning has saved businesses millions of cedis in unnecessary tax expenses while ensuring full compliance with regulations.

What Our Students Say

4.7

Based on 296 reviews

5 stars
75%
4 stars
20%
3 stars
4%
2 stars
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Samuel A. - Restaurant Owner

January 17, 2024

I've been running my restaurant for three years, but I was always stressed about money and couldn't understand why I wasn't making more profit despite good sales. This course changed everything. The cash flow management section alone was worth the entire course fee. I've implemented a proper accounting system, separated my business and personal finances, and can now see exactly where my money is going. My profitability has increased by about 30% in just four months!

Grace O. - Fashion Boutique Owner

February 5, 2024

The pricing module was an eye-opener for me. I realized I'd been pricing my products too low and not factoring in all my costs. The templates provided made it easy to calculate my true costs and set prices that actually generate profit. I also appreciated the section on taxation—it helped me get compliant and avoid potential issues with the GRA. The one-on-one consultation session was incredibly valuable for addressing my specific business challenges.

Kwame D. - Tech Startup Founder

March 12, 2024

As a tech entrepreneur, I was focused on product development but neglecting the financial side of my business. This course provided a solid framework for setting up proper financial management. The sections on accessing financing were particularly helpful as we prepare for our next growth phase. I would have liked more content specifically for tech startups, but overall the material was applicable and valuable. The financial statements section helped me better communicate with potential investors.

Frequently Asked Questions

Do I need to have an established business to benefit from this course?

While having an existing business provides immediate context for applying the lessons, the course is also valuable for those in the planning stages of starting a business. You'll learn how to set up proper financial systems from the beginning, which can help you avoid common pitfalls.

I'm not good with numbers. Will I still be able to understand the course?

Absolutely! We've designed the course to be accessible even to those who consider themselves "not good with numbers." We break down complex concepts into simple, practical steps and provide templates that do most of the calculations for you.

What type of businesses is this course suitable for?

The course is designed to be applicable to a wide range of businesses operating in Ghana, including retail, service-based businesses, food and beverage, manufacturing, agriculture, and more. We provide examples across different sectors to help you relate the concepts to your specific business.

How is the one-on-one consultation session conducted?

After completing key modules of the course, you'll be able to schedule a 45-minute virtual consultation with one of our business finance experts. This session allows you to discuss your specific business challenges, get personalized advice, and create an action plan for implementing what you've learned.

Will I learn about accounting software in this course?

Yes, we cover various accounting and financial management software options available in Ghana, including both paid and free alternatives. We provide overviews of their features but do not provide step-by-step tutorials for specific software as these frequently update their interfaces.

How current is the tax information in the course?

We update the tax module regularly to reflect current Ghanaian tax laws and regulations. Additionally, we provide resources on how to stay informed about tax changes that might affect your business. The course was last updated in January 2024.