You will receive completely structured and linked Microsoft Excel ™ Business Modeling Templates for your own use. During the workshop you will use them to develop your own business models for complete understanding of the principals involved.
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Whether you are an entrepreneur or an "intra-preneur", or if your role is strategic alternatives or choices, you will profit from being able to see the financial implications of your ideas. To "sell" your ideas to others, you'll want to be able to quantify the reward and risk implications of strategic alternatives.
This 10-lesson course is designed to enable you as a non-accountant to build a usable financial model of a business. You'll use that model to determine and analyze proposed changes in the business, and to have a basis for selection among alternative strategies. You'll concentrate on the process and logic of modeling rather than on the numbers by which the model is expressed.
The course will provide sample linked spreadsheet models of three classes of business situations. You'll discuss in detail the process of getting estimates for starting up a new venture, for making distribution channel choices, and for deciding if an equipment business can insulate itself from a highly variable capital equipment market by adopting usage-based pricing.
This 10-lesson course is designed for Marketing and Product Management professionals as well as senior management in engineering or other operational disciplines. It is intended to serve the needs of those who want to understand and help effect the choice among alternative strategies having broad business impact. While quick overviews of financial statements are provided, this course assumes the participant has a basic understanding of prime financial statements.