Business Finance Fundamentals

Introduction to Business Finance

3 Topics | 1 Quiz

Understanding the role of finance in business

Key financial terms and concepts explained

Overview of the South African financial environment

Basics of Business Finance

Financial Statements and Their Purpose

3 Topics | 1 Quiz

Introduction to balance sheets

Understanding income statements

Cash flow statements basics

Financial Statements Essentials

Managing Business Income and Expenses

3 Topics | 1 Quiz

Tracking and categorizing business income

Understanding fixed and variable costs

Strategies for controlling expenses

Income and Expense Management

Budgeting for Small Businesses

3 Topics | 1 Quiz

Purpose and benefits of budgeting

Creating a simple business budget

Monitoring and adjusting budgets

Budgeting Fundamentals

Understanding Business Loans and Credit

3 Topics | 1 Quiz

Types of business loans in South Africa

Basics of business credit and credit score

How to apply for a business loan

Business Loans and Credit Basics

Pricing and Profitability

3 Topics | 1 Quiz

How to price products and services

Calculating break-even point

Improving business profitability

Pricing and Profit Understanding

Cash Flow Management Techniques

3 Topics | 1 Quiz

Importance of managing cash flow

Techniques for improving cash flow

Using cash flow forecasts

Effective Cash Flow Management

Financial Planning and Goal Setting

3 Topics | 1 Quiz

Setting realistic financial goals

Creating a financial plan for your business

Tracking progress against goals

Financial Planning Essentials

Basic Tax and Compliance for Small Businesses

3 Topics | 1 Quiz

Understanding South African tax obligations

Registering for taxes and compliance

Recordkeeping for tax and audit purposes

Tax and Compliance Basics

Using Financial Tools and Resources

3 Topics | 1 Quiz

Popular finance software for small businesses

Resources for learning and support in SA

Leveraging financial advice and mentorship

Financial Tools and Support

Basics of Business Finance

Business Finance Fundamentals Introduction to Business Finance Basics of Business Finance

Basics of Business Finance

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Question 1 of 5

1. Question
What is the primary focus of business finance?
- Managing money carefully to run a busine
- Selling goods and services
- Preparing marketing plans
- Hiring staff and training
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Question 2 of 5

2. Question
Why is finance important for business success?
- Helps plan, control, and grow the busine
- Only tracks expenses precisely
- Ensures products are sold fast
- Reduces the number of employees
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Question 3 of 5

3. Question
What does the term “profit” mean in business finance?
- Revenue minus expenses
- Total money earned from sales
- Costs of running the business
- Money owed to suppliers
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Question 4 of 5

4. Question
What role does the South African Reserve Bank (SARB) play?
- Controls money supply and interest rates
- Sells stocks and shares
- Sets prices for goods
- Manages company profits
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Question 5 of 5

5. Question
How does finance help in business decision-making?
- Allows smarter money use and planning
- Focuses only on paying expenses
- Ignores cash flow details
- Limits business growth options
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