Diploma in Financial Management for New Businesses

Wednesday, 05 February 2025 07:55:39

International applicants and their qualifications are accepted

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Overview

Overview

Our Diploma in Financial Management for New Businesses is designed to equip learners with essential knowledge and skills needed for success in today's dynamic digital landscape. This course provides flexibility and accessibility for students worldwide, allowing them to study at their own pace and convenience.
With a focus on financial management principles tailored for new businesses, students will learn how to effectively manage finances, make strategic financial decisions, and navigate the complexities of the modern business world.
Join us and gain the expertise needed to thrive in the competitive business environment of today!

Are you ready to take your new business to the next level? Our Diploma in Financial Management for New Businesses is designed to equip you with the essential skills and knowledge to effectively manage your company's finances. From budgeting and forecasting to financial analysis and risk management, this comprehensive program covers all aspects of financial management tailored specifically for startups and small businesses. Our expert instructors will guide you through real-world case studies and practical exercises to ensure you are well-prepared to make informed financial decisions that drive your business's success. Enroll today and secure the financial future of your new venture!

Entry requirements

The program operates on an open enrollment basis, and there are no specific entry requirements. Individuals with a genuine interest in the subject matter are welcome to participate.

International applicants and their qualifications are accepted.

Step into a transformative journey at LSIB, where you'll become part of a vibrant community of students from over 157 nationalities.

At LSIB, we are a global family. When you join us, your qualifications are recognized and accepted, making you a valued member of our diverse, internationally connected community.

Course Content

• Introduction to Financial Management
• Financial Planning and Forecasting
• Budgeting and Cost Control
• Cash Flow Management
• Financial Analysis and Reporting
• Investment and Financing Decisions
• Risk Management in Finance
• Taxation for Small Businesses
• Financial Management Software
• Entrepreneurial Finance

Assessment

The evaluation process is conducted through the submission of assignments, and there are no written examinations involved.

Fee and Payment Plans

30 to 40% Cheaper than most Universities and Colleges

Duration & course fee

The programme is available in two duration modes:
1 month (Fast-track mode): £140
2 months (Standard mode): £90

40% Cheaper

Our course fee is up to 40% cheaper than most universities and colleges.

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Awarding body

 The programme is awarded by London School of International Business. This program is not intended to replace or serve as an equivalent to obtaining a formal degree or diploma. It should be noted that this course is not accredited by a recognised awarding body or regulated by an authorised institution/ body.

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  • Start this course anytime from anywhere.
  • 1. Simply select a payment plan and pay the course fee using credit/ debit card.
  • 2. Course starts
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Got questions? Get in touch

Chat with us: Click the live chat button

+44 75 2064 7455

admissions@LSIB.co.uk

+44 (0) 20 3608 0144



Career path

Digital Marketing Specialist
Financial Analyst
Business Development Manager
Entrepreneur
Small Business Consultant
Financial Controller
Start-up CFO

Key facts about Diploma in Financial Management for New Businesses

- Gain practical knowledge in financial management for new businesses
- Learn to create financial plans, manage cash flow, and make informed financial decisions
- Understand financial statements, budgeting, and forecasting
- Develop skills in financial analysis and risk management
- Explore funding options and investment strategies for startups
- Industry-relevant curriculum tailored for new business owners
- Access to real-world case studies and practical exercises
- Interactive online platform for convenient learning
- Expert instructors with extensive experience in financial management
- Enhance your business acumen and financial literacy for entrepreneurial success.

Why this course?

A Diploma in Financial Management for New Businesses is crucial in meeting the industry demand for skilled professionals who can effectively manage the financial aspects of a startup. According to a survey by the Federation of Small Businesses, 50% of new businesses fail within the first five years due to poor financial management. This highlights the importance of having a solid understanding of financial principles to ensure the success and sustainability of a new venture. The relevance of this diploma is further emphasized by the fact that small businesses account for 99.9% of all private sector businesses in the UK, employing over 16.3 million people. With the average cost of starting a new business in the UK estimated at £22,756, it is essential for entrepreneurs to have the necessary financial management skills to make informed decisions and maximize profitability. By completing a Diploma in Financial Management for New Businesses, individuals can acquire the knowledge and skills needed to navigate the financial challenges of starting and running a successful business, ultimately contributing to the growth and prosperity of the UK economy.
Statistics Figures
Failure rate of new businesses within 5 years 50%
Percentage of small businesses in the UK 99.9%
Number of people employed by small businesses 16.3 million
Average cost of starting a new business £22,756

Who should enrol in Diploma in Financial Management for New Businesses?

This course is designed for aspiring entrepreneurs and new business owners who want to gain a solid understanding of financial management principles to drive the success of their ventures. Whether you are starting a small business or looking to expand your current operations, this diploma will equip you with the necessary skills to make informed financial decisions.

Over 60% of new businesses fail within the first three years due to financial mismanagement.
Only 40% of small businesses are profitable, with financial management being a key factor in their success.
Understanding financial statements and cash flow management can increase the likelihood of business survival by 30%.

By enrolling in this course, you will learn how to create budgets, analyze financial data, and develop strategies to optimize your business's financial performance. Take control of your business's financial future and set yourself up for long-term success with the Diploma in Financial Management for New Businesses.