Financing The Business

Every business needs a stable source of finance to enable it realize its objectives of providing goods and services for its clients. Finance can be from Equity which includes ordinary shares, preference shares, share premium, retained earnings. The business can also obtain long term finance by taking long term loans and debentures. Short term sources of finance include bank overdraft and trade credit from suppliers. The finance obtained from these sources is used to purchase non-current asset and current assets which are used to generate revenue for the business. It is important to match the type of finance to the corresponding assets to as to be able to provide for the return required by the finance providers. Short term finance should be matched to current assets while Equity and long term finance should be used to fund non- current assets.

Learning contents:

  • The business plan
  • The meaning of finance
  • The income statement and statement of financial position
  • Sources of finance
  • Raising finance from prospective investors
  • Raising finance from long term debt sources
  • Raising finance from short term debt sources
  • Matching the assets to the different sources of finance
  • Preparing cash budgets

For whom:  Chief Financial Officers, Accountants etc

Fee:                Seventy thousand naira only

Duration:     One day