Founder Finance: Module 1 - Basic Financial Accounting for Founders
Want to build a successful business? It all starts here. Scroll down to learn more...
"This was the first class that truly gave me everything I needed (and nothing I didn’t) as a 'non-financial' Founder. Professor Santinelli has been there and knows exactly how to teach and speak to non-financial founders candidly. He won’t sugar coat anything and certainly won’t waste your time on anything he doesn’t know is important from his own time building startups and working as a VC."
- Ashland Stansbury., Founder, Because
Professor Santinelli’s class provided me (and my company!) the essential know-how that I missed in my other accounting and business management classes. I learned everything from the fundamentals about cash in a lean start-up to the complexities of the latest terms in modern VC term sheets. I would recommend this course as an essential starting point for anyone running a start-up from the ground up.
- Michael Leahy., Founder, Busy-Beauty
Check out the entire class curriculum below and get a preview of a couple of the classes for free!
StartBasic Principles (13.09) (13:09)
StartThe Income Statement And Revenue Recognition (11:11) (11:10)
StartThe Cash Flow Statement (15:16) (15:16)
StartThe Balance Sheet - Assets (9:19) (9:18)
StartThe Balance Sheet -Liabilities (7:51) (7:50)
StartLinkages (7:32) (11:16)
PreviewBasic Financial Analysis Part 1 (7:21) (7:20)
StartBasic Financial Analysis Part 2 (13:20) (13:20)
StartWorking Capital and The Cash Conversion Cycle (14:43) (14:43)
StartWorking Capital Management (16:37) (16:37)
StartSustainable Growth (7:08) (6:51)
StartAnalyzing Fixed and Variable Costs (19:33)
Module 1 - Basic Financial Accounting
This module focuses on the fundamentals of financial accounting with an emphasis on understanding how money flows through a business. Learn what the three financial statements are and how they work in concert to support your business model. Learn how to read and analyze financial statements and make course changes in your business before it's too late. Want to build a pro forma for your startup? It all starts here!
Course Module Objectives:
- Understand the three financial statements and how the elements in each are connected
- Understand how cash moves through a business and how to manage working capital
- Learn about basic financial analysis
- Learn how to build Integrated Pro Forma Financials for your business
- Learn how to estimate your capital requirement in order to build your business
A former startup executive and venture capitalist, Mr. Santinelli is currently an adjunct professor at Babson College in Wellesley, Massachusetts, where he teaches numerous courses in entrepreneurship and is the faculty director of the Babson Boot Camp for Entrepreneurs. With more than 30 years of experience as an operator, investor and educator, he is an experienced leader and innovator in creating business strategy and delivering results. Mr. Santinelli is also an experienced board member and advisor to CEOs helping them build enduring business value.