Finance Courses

Find The Right Finance Course For You

Finance CoursesWhether you are thinking of opening a vintage clothing boutique or an international shipping corporation, even the most basic financial training courses can go a long way to ensuring you know where your money is going at all times.

No matter where you live in the country, there are most likely local colleges or finance courses available for you to enroll in. Ask you local chamber of commerce representative for a list of local continuing education programs.

For the time being, we have compiled a list of the best finance courses that every entrepreneur should take.

Basic accounting goes beyond being able to balance a checkbook. Taking a finance course in accounting can teach business owners the difference between receivables and liabilities, what gets marked as debt on the balance sheet as opposed to a regular expense, and how to keep track of when things are due (both bills to creditors and payments from customers) in order to maintain a healthy cash flow.
Finance training programs in budgeting and planning are essential for the longevity of a business. Business owners need to know how much money is needed to cover expenses, payroll, and loan payments – all while not leaving themselves strapped for cash. These finance courses also teach entrepreneurs how to portion out money to accomplish long-term internal projects to grow the business successfully.
Taking financial training courses in projections and forecasting can help a great deal with what is arguably every entrepreneurs least favorite part of drawing up a business plan. While forecasting is usually the easier of the two – because it is based on factual data – projections are a bit more abstract. However, both are necessary parts of a business plan if entrepreneurs intend on seeking external financing. Fortunately, there are finance courses dedicated to helping emerging business owners with projections and forecasting so they can secure the capital they need.
Once emerging business owners get beyond the basic handling of numbers with their own operations, it is time to take a finance training course in ethics. With all of the banking and economic scandals that arise every few years, it is important to understand how to conduct business fairly and ethically. How often do we hear about predatory lenders, people going around intermediaries to get direct access to suppliers, and other illegal business practices? Every business owner should take financial training courses in ethics so that they can understand best practices, and potentially improve the business world as a whole.
Taking a financial training course in economic history is necessary for seeing how larger factors impact the individual and vice versa. Various economic forces have their own cycles and paths, and seeing how daily events and political legislation can have large economic repercussions one, three, ten, fifty years down the road, can help business owners put safeguards into place to protect themselves, and also open their eyes to see opportunities that would otherwise go unnoticed.
Whether you are tasked with underwriting agreements, or you are given a proposal by a banks, you need to at least have a cursory understanding of the language used in contracts. It is always advised to have an attorney look over any legally binding documentation, but there are often time-sensitive opportunities that arise, and agreements need to be drawn up and signed on the spot. Having financial courses in contracts under your belt can give you an edge over your competitors in getting what you want, while also protecting yourself from any clauses that would otherwise hinder your business.
Being an effective communicator – whether through speaking or writing – is an essential business skill. When it gets to the world of finance, however, there are terms and acronyms that get thrown around so much that it often can seem like being lost in strange land – unless you know what you’re talking about. Taking finance courses on basic terminology can give you the working knowledge of things like LTV (loan to value) ratios, MCAs, factoring, equity debt, and thousands more. When seeking financing from banks and investors, or working out an agreement with a client, the correct language needs to be used so that all parties are on the same page, and that business can transpire efficiently and profitably.
It may not seem like psychology fits in with financial training courses, but business is a balance of basic economics and being able to understand how the human mind works. We see this used every day in marketing, sales, and negotiation. Once needs to know how to draw in people and convey confidence. Call it sociology, call it neuro-linguistic programming (NLP), or anything else, taking formal financial courses in understanding how certain words and actions trigger certain responses, one will be able to understand colleagues, employees, competitors, and consumers much better.
After learning basic terminology and communication, emerging business owners should take at least one financial training course in the field of commercial lending, or commercial finance. With banks taking on more conservative lending practices, more and more business owners are looking to commercial financing to get the working capital they need to launch or grow their operations. Commercial finance courses give people a decent foundation for understanding the various financial products and programs available. Commercial finance is much more than straight business loans – there are myriad forms of financing tailored for each aspect of business in every industry imaginable. There are financing products for construction, commercial real estate, retail, restaurants, hotels, medical practices, and everything in between.

Get Started With Our Commercial Finance Course

The Commercial Capital Training Group (CCTG) offers emerging business owners the tools and training to start their own operations in the world of commercial finance. CCTG will teach people everything from basic economics on up to ethics, communication, advanced commercial financing and everything you would get from multiple financial training courses, all in one intensive course.

CCTG teaches people how to do underwriting and bring lenders and business owners together to get them the funding they need. With a full support network, over 80 years of financial experience, and a mission to train people to achieve financial independence with a recession-proof model, it is easy to see why the Commercial Capital Training Group has become the premier financial training course for entrepreneurs.

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