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The Digital Economy: Finance for Business Growth

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The Digital Economy Finance for Business Growth

Learn how to develop a funding strategy for your business; explore different types of finance and learn when, and how, to use them.

The Open University Online Course Highlights

Open University Online Course Details:

Every business needs cash to grow and develop. Some can find enough cash from their operations. Others might need external sources of finance, like a bank loan. So how does a business make robust decisions about borrowing?

Whether you are in a micro business, a small to the medium-sized organization, or a large firm, this online course will guide you through finance options. You will consider traditional and alternative finance options; evaluate what type of funding is suitable for your business; and develop a financial statement and funding strategy, to make the right decision.

What Will You Learn?

  • Assess the role of cash management in business and the relationship between cash management and business performance
  • Consider the benefits and drawbacks of different sources of finance
  • Understand the relevance of liquidity and solvency when managing a business
  • Evaluate the role of cash flow forecasting and assess future cash requirements
  • Understand the risks, benefits and drawbacks of different types of funding
  • Decide on a suitable type of funding and assess risk-return issues
  • Assess how and why alternative finance activities, such as crowdfunding, have evolved
  • Assess the benefits and risks of alternative finance for business borrowers
  • Evaluate the use of equity funding, both private and public equity issues
  • Assess the role of private equity, and the benefits offered by different types of private equity for funding business growth
  • Explore behavioural finance issues in investment decision-makingTake This Online Course