Learn how to develop a funding strategy for your business; explore different types of finance and learn when, and how, to use them. Every business needs cash to grow and develop. Some businesses are able to find enough cash from their own operations to take advantage of growth opportunities. Others might need to use external sources of finance, like a bank loan. How does a business make robust decisions about borrowing?
Evaluate how to fund your business investment
Whether you are managing a micro business, a small- or medium-sized company, or a large corporation, this free online course will guide you through the finance options to help you evaluate what type of funding is suitable for your business investment and how to develop a funding strategy to make the right decision about the type of borrowing for your business. You will consider the role of traditional and alternative finance options and learn to use financial statements to asses the financial health of a business. You will also learn to use cash flow forecasts to help you make decisions about managing a business’ finances.
Throughout the course, there are interviews with business experts and business managers, who will show you how to make successful financing decisions.
Thrive in the digital economy
The Digital Economy: Finance For Business Growth is one of four courses from The Open University about the digital economy, designed to help experienced managers get to grips with today’s technology-enabled business environment.
The course has been developed by The Open University Business School – a pioneering institution that is triple accredited by AMBA, EQUIS and AACSB.
This course is intended for those with an interest in developing their financial skills to make robust decisions when managing business finance. The course does not require any previous experience of this subject.
Find further information about OU registration, the assessment module and MBA in the entry requirements. The Open University does not operate in Cuba, Iran, North Korea, Sudan and Syria. This means that Learners based in those countries will not be able to convert their participation in this Program to Open University course credits.