Hosted by NYC SBS, and intended for entrepreneurs unfamiliar with business financial management, Business Finances 1 introduces its key terms and concepts in everyday language. During this course, you will:

• Develop an understanding of basic business financial terms, such as profit, cash flow, and gross margin

• Work with basic financial statements, including income statements, balance sheets, cash flow statements

• Define the common business expenses at both the startup and operating stages

• Calculate gross margins, breakeven points, and profit goals using a case study business