About This Course
What You'll Learn
- Develop a founder's financial mindset
- Understand the three key financial statements
- Master cash flow management
- Create budgets and financial forecasts
- Price products for profitability
- Navigate SA tax requirements (SARS)
- Use financial tools and technology
- Make data-driven business decisions
Course Curriculum
0. The Founder's Financial Mindset & SA Business Basics
Shift from fear to empowerment and choose the right legal structure for your SA business.
1. Demystifying the "Big Three" Financial Statements
Read and understand your Income Statement, Balance Sheet, and Cash Flow Statement.
2. Cash is King: Mastering Cash Flow Management
Master the critical difference between profit and cash, and build a practical toolkit for forecasting and managing cash flow.
3. Budgeting & Forecasting: Your Financial Roadmap
Create and use a budget and financial forecast as a strategic tool for planning, decision-making, and driving growth.
4. Pricing for Profit: Beyond Just Covering Costs
Calculate your true costs, determine your break-even point, and move to strategic, value-based pricing.
5. Analyzing Performance & Boosting Profitability
Diagnose the health of your business using key profit margins and make data-driven decisions.
6. Navigating the SA Funding & Financing Landscape
Overview of primary funding options available to South African SMEs - match the right capital to your growth stage.
7. Understanding & Managing Your Tax Obligations (SARS)
Demystify key tax obligations for SA SMEs with a clear roadmap for compliance.
8. Key Metrics (KPIs): Your Business's Health Scorecard
Identify the 5-7 most critical KPIs and build a simple one-page dashboard to monitor business health.
9. Building Your "FinTech Stack": Tools & Tech for SA SMEs
Select and implement a modern FinTech Stack of affordable, user-friendly tools that automate accounting, payments, and payroll.