First-Year Business Finance: Taxes & Cash Flow

Starting a new business is an exciting venture, but managing the finances can feel overwhelming. This course provides the foundational knowledge to confidently handle your company's money, moving you from uncertainty to clarity on key financial matters. By the end of this course, you will have the skills to track your cash flow, prepare for tax obligations, and make sound financial decisions that set your business up for long-term success. What you'll learn: - Understand core financial concepts like revenue, expenses, profit, and loss. - Learn to create and manage a simple budget to control spending and forecast needs. - Practice effective cash flow management techniques to ensure your business stays solvent. - Grasp the fundamentals of business taxes, including what you need to track and when to report. - Explore common business structures and understand their financial and tax implications. - Build a basic financial forecast to plan for growth and make informed decisions. - Discover how to use digital tools to simplify your bookkeeping and financial tracking. The course starts with essential financial terminology before guiding you through practical applications in budgeting, cash flow tracking, and tax preparation. You'll learn the principles first, then how to apply them to your own business. This course is designed for aspiring and first-time business owners. No prior experience in finance or accounting is required to get started. Begin your entrepreneurial journey with the financial confidence you need to succeed.