Business finance is an important tool for strategic planning, providing the financial grounding for your projections and plans. If you intend to introduce a new product, it can tell you how much you’ll have to spend to get things off the ground, synthesizing information about research and development, marketing upgrades and equipment costs. Business finance also helps you make forecasts and calculate how much of this new product you’ll have to sell to recoup your startup costs, and also how long it will take to break even on the venture. The strategic plans you create as a part of business finance help you determine whether or not your company is meeting short-term and long-term financial goals.
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When working with busy professionals, it often takes finesse in order to nurture a mutually beneficial relationship. Some clients that business finance professionals encounter can be difficult personalities to deal with, so it’s important to have good interpersonal skills. Being able to get along with different kinds of people can go a long way toward getting the work accomplished and keeping the peace.
This module reviews the challenges, solutions and opportunities faced by businesses relating to environmental and sustainability issues. This issue will be examined in the interfaces of regulatory, strategy and economics frameworks. However, basic knowledge of infrastructure systems will be transferred. This module will provide you with you interdisciplinary, industry relevant skills. By the end of the module, you will be able to demonstrate an understanding of the ways that businesses interact with the environment and community. Throughout the module you will engage in activities that will foster peer-learning and problem solving.