Finance
Financial strategy and sources of funds
Outcomes
- establish a sound financial strategy
- appreciate the sources of funds and merits of each
Indicative content
- the purpose and benefits of financial strategy
- long and short term funding and finance
- sales are vanity; profit is sanity; cash is reality
- how to measure performance and retain control
- borrowing vs self financing
- assessing borrowing - the constraints and limitations
- sources of funds - advantages/disadvantages
- putting your case to lenders
