Financing and managing a business startup

Develop a financial plan for a startup business launching a new product or service.
What’s it about?

In this micro-course, you will prepare a financial report identifying and outlining the financial aspects of a business startup which indicates the likelihood of a successful venture, including interpretation of financial statements, and the effects of cashflow. 

What will I learn?

Upon successful completion of this course, you will be able to:

  • Review principles of economics and how they relate to small businesses
  • Explain why start-ups require finance
  • Identify financing options for new venture start-ups in their own country and describe the differences between them
  • Read and interpret financial statements of a business
  • Examine the effects and significance of cash flow for a business startup
  • Prepare documentation required for a business loan 
What’s involved?

There are four learning pathways, each containing numerous resources and activities. The learning pathways are:

  • Principles of economics for small businesses
  • Financing a new start-up
  • Understanding financial statements
  • Applying for a business loan

This micro-course forms part of the larger Introduction to Entrepreneurship course of study coupled with IENT101 and IENT102. On completion of the three associated micro-courses, if learners wish, they can be assessed for academic credit.  


Anyone is free to participate in this course. An internet connection and basic web-browsing skills are recommended, with the ability to create a blog and use online communications tools (instructions and self-study tutorials provided.) You are requested to keep a personal learning journal, as reflection has been shown to markedly increase learning.

The course and assessments are conducted in English. This is a university level course and you should be able to communicate fluently and accurately in spoken and written English.

Image credit: Smartphone and finances, by Geralt, dedicated to the public domain.


Course Code: IENT101
Estimated Start: 2018Q2
Duration: 2 weeks,10 hours per week
Type: Micro course
Assessments: 20 hours

Credentialing: Microcredential Official course credit
Course Credit: Introduction to Entrepreneurship
Credential: Certificate Higher Education Business (OERu)
Level: 1st year Bachelor’s

Who are the developers:
Carol Cooper-Taylor, is an independent consultant with extensive experience in e-learning design. Carol was commissioned by the OER Foundation to lead the design and development Read More