Published August 20, 2023
The updated course – called ‘How to Get Your Business Financed?’ – addresses the preparation and toolkits needed to assist with a smoother financing process. Modules are grounded in banker psychology, so entrepreneurs can better understand how they think and operate, and then apply that knowledge to their presentation.
More information can be found at http://bit.ly/41gvwgk
With a more robust understanding of key operating indicators that are important for financiers, students can tell their unique business story in a way that both captures attention and encourages action. Alongside the course, Ever Wonder Knowledge is also offering a pre-course textbook called ‘5 Steps to Getting Your Business Financed’.
With Investopedia citing that 20% of new businesses fail within their first two years of operation, access to capital remains one of the biggest challenges facing startups today. Ever Wonder Knowledge seeks to address this by going beyond surface-level financial metrics and instead focusing on the core psychology that drives bankers’ funding decisions.
The self-paced course begins by ensuring participants have a foundational understanding of key performance indicators – particularly the Du Pont ratio – which forms the basis of any thorough financial analysis. It also offers an in-depth examination of the CAMELS rating system frequently used by bankers and how each component – Capital adequacy, Asset quality, Management capability, Earnings strength, Liquidity, and Sensitivity – speaks to a specific aspect of a business’s stability and viability.
Additional details on the course book can be found at https://amzn.to/41fxGwx
By gaining insight into how bankers assess and weigh strengths and weaknesses across these areas, entrepreneurs can better evaluate their own readiness for financing and pinpoint areas requiring improvement. The course helps business owners to identify vulnerabilities in their operations before sitting down in front of banking decision-makers – allowing them to apply with added confidence.
The course offers a clear roadmap entrepreneurs can follow to assemble the necessary documentation and craft their narrative in a way that resonates with funding gatekeepers.
A spokesperson for the company states: “Learn what drives and motivates bankers, how they think and decide when approving loans, and how to prepare and articulate your business case to impress them.”
Interested parties can learn more at https://www.udemy.com/course/how-to-get-business-finance
Ever Wonder Knowledge
1 Oxley Rise