The Malta Independent on Sunday
Financial literacy online course for entrepreneurs
Your GPS for Financial Success will help entrepreneurs financially prepare to turn their business ideas into sustainable ventures.
An interactive online course held later this year will help equip aspiring and existing entrepreneurs aged 18 and over with crucial financial tools and skills.
Your GPS for Financial Success: Financial Essentials and Intelligent Projections for Entrepreneurs is the latest innovative initiative from the Foundation for the Promotion of Entrepreneurial Initiatives (FPEI), designed to guide participants towards financial confidence in their business ventures. The course is delivered in collaboration with DTF – DoTheFinancials (Ireland) and is sponsored by CreditInfo Malta.
The course programme tackles the critical reasons behind business failures within the first two years and outlines tangible methods to avoid these financial pitfalls. Participants will learn techniques to craft sustainable business models, pitch to potential investors, learn to manage profit and cash flows, design and refine business models, make five-year financial projections and present their business ideas.
The course runs from 24 September to 23 October and is limited to just 20 participants. It is structured into four comprehensive stages, starting with an online live launch session, three weeks of independent learning with email support where participants can choose how and when to work, a ‘flipped’ classroom session in which participants can test their business model and projections in a moderated peer group setting, and a final project submission with personalised feedback.
For just a €10 administrative fee, as a sponsored pilot programme, participants will also receive a certificate of completion, as well as ongoing access to all areas and resources available at www.dothefinancials.com.
“This course is ideal both for those new to finance and those already with experience, who are considering a business idea or self-employment,” says FPEI Foundation Manager Giselle Borg Olivier. “Unlike other vocational or academic courses that focus on bookkeeping, accounting or finance, Your GPS for Financial Success targets the specific knowledge needed for start-ups and new ventures. With business modelling applications, engaging exercises and expert-led sessions, participants can also apply their newfound knowledge to real-world business scenarios. This course is a unique opportunity to sharpen your financial skills and boost your chances of business success, especially for those people who need flexibility in their learning schedules.”
Read more and secure your place today on the Your GPS for Financial Success course at https://fpei.mt/events/yourgps-for-financial-success/. Participants must be aged 18 or over and have access to a computer with an internet connection.