Content of this unit
Finance and accountancy
A head for figures is a vital prerequisite for any business owner. You must be prepared to keep comprehensive books, able to make accurate forecasts and predictions, and capable of completing end of year and in-year reports for your taxation returns.
Your financial responsibilities begin before you have even started your business. You will need to master the art of the profit and loss projection and the cashflow forecast, in order to secure investment and provide your firm with a sturdy framework for development.
Your financial responsibilities begin before you have even started your business. You will need to master the art of the profit and loss projection and the cashflow forecast, in order to secure investment and provide your firm with a sturdy framework for development.