New!! 7 Module Program ... Business Diagnostics Online! Learn the basics and more!

Company owners may face significant challenges when attempting to secure financing for business expansion. They encounter continuous pressure to respond to a diverse set of stakeholders including employees, shareholders, clients, suppliers, bankers and family. Here is a program, comprised of 7 learning modules, which will teach you, as a business owner or business advisor how to complete an objective assessment of business operations!
 

7 Topics

Funding for Business Expansion demonstrates that a company owner needs to work through an objective process to acquire funding for business expansion. In this module, you will gain an understanding of the main funding sources; namely internal cash generation, debt financing, and external equity sources, as well as the key issues relating to a typical company’s funding requirements.
 
External Business Environment evaluates and assesses the prevailing External Business Environment by determining the opportunities and threats within Political/Legal, Economic, Socio-Cultural, and Technological considerations. You will learn how to complete a preliminary industry evaluation by focusing on three key areas: (1) a description of the industry; (2) the stages in the business life cycle; and (3) the impact of driving forces.  This is followed by an assessment of the industry competitive conditions using Porter’s Five Forces methodology.
 
Internal Business Environment – Part 1 assesses the company’s performance and relative strengths in Finance and Marketing.  You will become familiar with how to determine areas of primary focus to improve financial performance and marketing activities.
 
Internal Business Environment – Part 2 assesses the company’s performance in Human Resources and Operations. You will learn how to chart the relative strengths within Human Resources and Operations and determine which areas to improve.
 
Strategic Direction reviews a company’s present strategic course and considers alternative strategies. It shows you how to select the most appropriate strategic direction by (1) summarizing external opportunities and threats and identifying internal resource strengths and gaps for each option; and (2) evaluating the impact on significant stakeholders; (3) considering potential best practices to adopt; and (4) assessing the required resources to travel the strategic pathway. As part of this process, you will also learn how to develop implementation plans.
 
Risk Assessment teaches you how banks and investors assess risk.  It helps you develop risk assessment skills by looking at a company situation through the lens of a commercial banker. You will gain familiarity with a five step process that mirrors the assessment process undertaken by a commercial banking team as they structure the most appropriate financing deal, and assess and mitigate any potential risks that could impact company operations.
 
Enterprise Review Summary teaches you how to establish business credibility by preparing an accurate, convincing and insightful Enterprise Review Summary. You will learn how to (1) determine the most realistic funding amount; (2) understand the best allocation of funding proceeds; and (3) identify the most appropriate funding source.  You will prepare an Enterprise Review Summary (ERS) for submission to a funding organization. This document summarizes key issues arising from a review of the external and internal business environments, a selection of the most appropriate strategic direction, and an assessment of risks facing a company.
 

Benefits

Business Diagnostics Online teaches business owners and their advisors how to complete an objective assessment of company operations. This approach establishes a clear picture of where they are, where they need to go, and how to get there, thereby increasing the likelihood of successfully securing financing for expansion.

In addition to review questions in each module, a final test is provided at the end of the course which, upon passing, generates a certificate.

 

Skill sets

The skills covered in this program are BUSINESS MANAGEMENT, CONSULTING SKILLS, FINANCIAL MANAGEMENT and PLANNING.
 

Try It Out!

Click here to access the Introductory module which will give you even more information.