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Intuit & NIESBUD to roll out Financial Literacy Programme for Indian SME’s

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Intuit India, a leading provider of business & financial management solutions for small & mid-sized businesses in the country and National Institute of Entrepreneurship and Small Business Development [NIESBUD] have come up with a specialized course on financial management for Indian small business owners.

The course is briefly divided into three modules & starts from the very beginning i.e. How to start a business. The contents of the modules are as below:

How to Start a Business

  • Focus on Basics [Contents – Market Research, Target Market Analysis, Competitor Analysis, Capital/Funding Needs, Infrastructure required?, What’s the return on investment?]
  • Understand what you need ? [Capital, Man power, Infrastructure]
  • Understand how to start [Choosing the Right Type of Entity, How to register a company ,Raising and Managing Capital]

How to Manage your Business?

  • Understand Key Financial Indicators
  • How You Can Monitor Financial Indicators ?
  • How to Manage Cash ?
  • How to Manage your Budget ?
  • Some Important Tax Laws to Keep in Mind
  • Don’t Forget to Pay the Government on Time !!!
  • Some Financial Risks to be aware of
  • Put in Place Checks &  Balances

How to Grow Your Business ?

  • How to Value Your Business ?
  • How to Budget for Growth ?
  • Sources of Growth Capital
  • Get Debt Right.
  • Manage Your Personal Finances, too!
  • Where and How to Find Assistance ?

Financial Management - Journey to Small Business Success [Intuit], Click to enlarge

If you need any further information, please let your comments & we would append the same in the article.

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