Maricopa Community Colleges  SBS203   19966-99999 
Official Course Description: MCCCD Approval: 10/24/95
SBS203 19966-99999 LEC 1 Credit(s) 1 Period(s)
Financing and Cash Management For a Small Business
Planning for and meeting the financial needs of the small business including cash flow planning, identification of financial needs and sources, equity and debt financing, and preparation of loan packages. Participants complete a financial plan for their individual company, with emphasis on cost controls, sales revenue projection, expense allocation, and inventory cost control. Day-to-day operational budgeting also included. Prerequisites: None.
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MCCCD Official Course Competencies:
 
SBS203   19966-99999 Financing and Cash Management For a Small Business
1. Prepare a financial projection for a small business. (I)
2. Estimate the capital needed to operate a small business. (II)
3. Describe potential credit issues and strategies for solving problems. (III)
4. Compare and contrast bootstrap financing, equity financing, debt financing and leasing. (IV)
5. Identify sources of financing assistance. (V)
6. Describe the requirements of a financial plan and how it is used to get financing. (VI)
7. Create a financial plan for a small business. (VI)
8. Prepare a loan package for a specific small business. (VII)
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MCCCD Official Course Outline:
 
SBS203   19966-99999 Financing and Cash Management For a Small Business
    I. Financial Planning
        A. Operating Plan and Budget
        B. Capital Expenditures Budget
        C. Profit and Loss Projection
        D. Cash-Flow Projection
        E. Balance Sheet
          1. Preparation
          2. Interpretation
        F. Break Even Analysis
          1. Product
          2. Company
      II. Basic Financing Situation
          A. Business Start-Up
          B. Working Capital Shortage
          C. Seasonal Fluctuations
          D. New Equipment/Facilities
          E. Financing Growth
        III. Credit
            A. Personal Property
            B. Credit Requirements
            C. Leveraged Buyouts, Sale/Lease Back
            D. Personal Credit Strategies
          IV. Financing
              A. Bootstrap
                1. Trade Credit
                2. Customers
                3. Private Investors/Lenders
                4. Cash Management and Investment
                5. Real Estate
                6. Equipment Purchase/Lease Strategies
                7. Tight Cost Controls
              B. Debt Financing
                1. Bank
                2. Commerce Finance Companies
                3. Life Insurance Companies
                4. Commercial Credit Companies
                5. Savings and Loans
                6. Small Business Administration
                7. SBIC's and MESBIC's
                8. Economic Development Administrations
                9. Local Development Companies
                10. Farmer's Home Administration
                11. Other Special Small Business Lender Programs
              C. Equity Financing
                1. Sole Proprietorship
                2. General Partnerships
                3. Limited Partners
                4. Corporate Structures
                5. Venture Capitalists
                6. Small Business Investment Companies
              D. Leasing
                1. Vehicles and Equipment
                2. Types of Leases
            V. Financing Assistance
                A. Business Development Centers
                B. Financial Consultants
                C. Investment Bankers
                D. Certified Public Accountant
              VI. The Financial Plan
                  A. Elements
                  B. Use of Plan in Seeking Financial Support
                  C. Operational Budgets
                VII. The Loan Package
                    A. Summary
                    B. Uses and Sources of Funds
                    C. Cash Flows
                    D. Balance Sheet/Income Statements
                    E. Industry/Company Information
                    F. Projections for Revenue/Expenses/Cost of Goods
                    G. Management Resumes and Histories
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