Here we have a class that I was not looking forward to going into. Not that I was afraid of the class but when you think finance you think math. Yes there is math in Finance and it’s really confusing if you don’t know what you are looking at or doing. But to be truthfully honest I have learned a tremendous amount of information in this class. The Personal Finance lecture portion of the class was very informative.
The first goal I wanted to achieve in this class was, wanting to understand how to financially operate and fund a new business. Did I get this information? I think so to an extent. The final project the Pro Forma I believe really opened my eyes to what I could possibly be looking at to open a small audio production company. A lot of good information this whole month on how to figure everything out from assumptions, to startup costs, and over all income statement with expenses. I really wish this class was longer or doubled up in this degree program.
Next up is, wanting to know how to prepare finances. Well seeing this goal that I thought I wanted to achieve this month makes me think of this one statement said in class a lot. Hire an accountant, hire an accountant, and hire an accountant. Now there is a lot of information in this class. A lot of it was geared towards figuring out the numbers I will need to possibly start my own company. So in a round about way it prepared me in what it will take me financially to do this business.
Last but not least, I wanted to have a better understanding of Finance. This class nails it through and through. To the point, that I am making a better effort of keeping on top of my financials. I am pretty sure, if I can keep mine in good working order. I’ll be able to handle the up hill battle to get my business off the ground and standing.
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