Founder Finance Complete

Course Description

How do I build pro forma financial statements? How much money should I raise? Who should I raise it from and how? How do I deploy capital once I have it?In this course, students have the opportunity to explore financial accounting basics, building pro forma financials, managing working capital, raising capital, and deploying capital in entrepreneurial ventures.

The Professional Edition Founder Finance course (Modules 1 - 3) is designed for any founder who knows that they need to understand the numbers to improve their chances for success. My goal is to demystify financial statements, raising money, and putting that money to work building value. Through a series of short videos, examples, quizzes, and an eBook, I’ll take you through a journey that will result in your being able to understand the three financial statements, how cash moves through the business, how to estimate how much cash you need to raise, the sources of cash, how to prepare for and raise funds, and how to evaluate projects when cash is a constraining factor.

The Professional Edition includes Videos, eBook, Quizzes, Templates, and a Discussion Board where you can post comments to the instructor and other participants.

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.

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

Module 2 - Raising Money

Module 2 - How much capital does your company need? What sources of capital are available? What are their motivations and expectations? What will you have to give up? These and other important questions will be answered in Module 2.

Course Module 2 Objectives:

• Understanding capital requirements for your venture
• Identify and discuss the various sources of capital and their motivations and expectations for the entrepreneur
• Understand the mindset of Angels and Venture Capitalists and how their business operates
• Understand Convertible Notes
• Understand Term Sheets in Seed and Early-Stage Financings and how to negotiate
• Learn to build a Capitalization Table and Waterfall Analysis
• Learn about Options, Vesting and Dividing the Pie

Module 3 - Capital Budgeting Decisions

Should you expand manufacturing? Should you buy that new piece of equipment? Should you open a new location? Scaling can be as challenging as starting. With capital as a constraint, making a poor decision can be quite costly. Module 3 focuses on understanding the decision-making tools at your disposal to assist with capital budgeting and decision making.

Course Module 3 Objectives:

• Understand Payback Period and Profit Index
• Understand Net Present Value, IRR and Risk-Return
• Understand Free Cash Flow and the Cost of Capital
• Learn the basic tools and decision techniques for making capital budgeting decisions