Financial Forecasting Class

Locations Duration Next Application
Deadline
Online 6 weeks 01/24/2020
Apply Now

Overview

In our Financial Forecasting class, you will gain a basic understanding of the key components of a business’ financial forecast, learn how to create a forecast based on your business plans, and build a financial forecast for your business. This class is 6-weeks long and is well suited for small business owners and startup founders who are looking gain a better understanding of the numbers behind their business and create a realistic financial forecast for growth.

What You Will Learn

Unit

Topics Covered
Money Mindset
  • Gain an understanding of the energy of money, your relationship with money, and how that plays into your business’ finances
  • Learn how to separate your personal and business finances,and how to track your business’ financial information
  • Gather relevant startup expenses and other financial information to understand your business’ financial position
Contribution Margins
  • Gain an understanding offixed and variable costs in a business
  • Identify the costs associated with producing and delivering your products and services
  • Calculate contribution margins for each of your products and services
Customer Lifetime Value
  • Learn how to forecast and manage cash flow
  • Gain an understanding of how to use the cash flow forecast to determine short-and long-term funding needs
  • Develop a cash flow projection and identify funding needs for the business
Forecasting Expenses
  • Gain an understanding of the role financial statements play in a business and learn how to read a profit & loss statement
  • Learn how to translate cost structure into an expense forecast
  • Develop an expense forecast for the business
Forecasting Revenue
  • Review your business’ current revenue stream and identify future revenue streams
  • Learn how to translate revenue streams into a revenue forecast
  • Develop a revenue forecast for the business
Forecasting Cash Flow
  • Learn how to forecast and manage cash flow
  • Gain an understanding of how to use the cash flow forecast to determine short and long-term funding needs
  • Develop a cash flow projection and identify funding needs for the business

Prerequisites

Must have either an up-to-date business or strategic plan or be in the process of creating a business or strategic plan.

Commit to Building Your Business

Average time commitment for our Financing Forecasting class is 8-10 hours / week dedicated to building a realistic financial forecast for your business, and includes the following weekly activities:

Commit to Building Your Business

Title

Weekly 
Activity Weekly Commitment
Background Materials
  • Series of required background readings and videos on each unit to be completed online prior to the weekly online workshop
  • Describes concepts and their applications in building your financial forecast

1-2 hours / week

Workshops
  • Weekly online workshops led by an expert instructor
  • Lecture and discussion on background materials, group activities, and reflection

2 hours / week

Business Development Activities
  • Weekly activities focused on business development
  • Apply concepts learned in background materials and workshops

4-5 hours / week

Peer Mentoring
  • Weekly phone meetings with small peer group of other business owners in your class
  • Present weekly business development activities and receive constructive feedback from peers

1 hour / week

Meet Your Mentors

Rani Langer-Croager

Rani Langer-Croager

Co-Founder, CEO & Lead Instructor, Mentor

Online

Join an Upcoming Classes

Our Financial Forecasting class is offered three times a year online.

Online

Enrollment Period Program Dates Registration Deadline
Winter, 2020 February 5 - March 11 January 24
Spring / Summer, 2020 June 3 - July 8 May 22
Fall, 2020 September 23 - October 28 September 11

How Much It Costs

The cost of our Financial Forecasting class consists of a one-time fee. We determine your fee using a sliding scale based on the current annual revenue of your business:

< $100,000
Annual Revenue

$100,000 - $500,000 Annual Revenue

> $500,000 Annual Revenue

$600 one-time fee

$750 one-time fee

$900 one-time fee

We charge a $25 deposit to reserve your space in the class. This deposit is credited against the payment of your course fee, where applicable.

Because we believe cost should not be a barrier, we provide payment plan options based on household income. Ask about our payment plans.

Accelerate your business.