Course description

This comprehensive online course is designed to provide founders, entrepreneurs, leaders, team members, and stakeholders in medical and healthcare startups with the knowledge and skills needed for effective financial planning. The course covers fundamental concepts in accounting, bookkeeping, and financial management, with a practical introduction to Microsoft Excel and spreadsheets. By the end of this course, participants will be able to manage their startup’s finances confidently, ensuring sustainable growth and operational efficiency.

Course Outline:

1. Introduction to Financial Planning in Digital Health

   • Importance of Financial Planning
   • Key Financial Concepts

2. Accounting Basics

   • Understanding Financial Statements
   • Revenue, Expenses, and Profit
   • The Accounting Cycle

3. Bookkeeping Essentials

   • Recording Transactions
   • Managing Accounts Payable and Receivable
   • Reconciliation Processes

4. Financial Management Strategies

   • Budgeting and Forecasting
   • Cash Flow Management
   • Financial Analysis and Decision-Making

5. Introduction to Microsoft Excel for Financial Planning

   • Excel Basics and Navigation
   • Creating and Managing Spreadsheets
   • Formulas and Functions for Financial Calculations

6. Advanced Excel Techniques for Financial Management

   • Data Analysis Tools
   • Creating Financial Models
   • Visualizing Data with Charts and Graphs

7. Applying Financial Planning to Healthcare Startups

   • Case Studies and Practical Scenarios
   • Financial Planning Tools and Software
   • Best Practices for Financial Health

What Will I Learn?

• How to create and interpret financial statements.
• Techniques for accurate bookkeeping and transaction recording.
• Strategies for effective financial management and cash flow optimization.
• Proficiency in using Microsoft Excel for financial planning and analysis.
• Advanced Excel skills for data analysis and financial modeling.
• Best practices for financial planning in healthcare startups.

Targeted Audience

• Founders of medical and healthcare startups.
• Entrepreneurs in the healthcare industry.
• Healthcare startup team members and leaders.
• Stakeholders involved in healthcare financial planning.
• Financial managers in healthcare startups.
• Medical professionals interested in financial management.

Total Course Duration

• 12 Hours
• 00 Minutes

Materials Included

• Course Handbook (PDF)
• Excel Templates and Spreadsheets
• Financial Planning Case Studies
• Video Tutorials and Demos
• Quizzes and Assessments
• Access to Online Discussion Forums

Requirements/Instructions

• Basic knowledge of healthcare operations.
• Familiarity with Microsoft Office suite.
• Access to a computer with Microsoft Excel installed.
• Willingness to engage in practical exercises and case studies.
• Internet access for online course materials and resources.

What will i learn?

• Ability to create and interpret financial statements.
• Proficiency in bookkeeping and transaction recording.
• Strategies for effective financial management and cash flow optimization.
• Competence in using Microsoft Excel for financial planning and analysis.
• Advanced Excel skills for data analysis and financial modeling.
• Knowledge of best practices for financial planning in healthcare startups.
• Enhanced ability to apply financial planning tools and software in real-world scenarios.

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