Basics of Entrepreneurship and Financial Literacy

Course Content

Module-1 (3 hours)

• Entrepreneurship-Basic Concepts
• Characteristics of Entrepreneur
• Types of Entrepreneurship
• Common Mistakes Made by Entrepreneurs
• Entrepreneurship Process
• Business Functions
• Business Model
• Revenue Model
• Feasibility
• Business Plan

Module-2 (3 hours)

• Basic Accounting and Finance Concepts
• Set up a Business-Legal Responsibilities
• Pricing Products/Services
• Financial Tables
  • Income Statement
    • Classification of Costs
    • Details of Profit-Loss Table
  • Balance Sheet
  • Cash Flow Statement
• Accountancy System
• Tax System
• Introduction to Financial Ratios
• UK Practices