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FLEX Math for Entrepreneurs Calculating Success in Business 16W3

Learn the essential math skills for running a successful business, from basic calculations to complex financial analysis.
Explosive Learning Jo Reynolds Life Skill Teachers
Average rating:
4.8
Number of reviews:
(1,279)
Popular
Class

What's included

16 pre-recorded lessons
16 weeks
of teacher support
1 year access
to the content
Homework
1 hour per week. Each week, there will be approximately 20 - 30 minutes of homework assigned to help participants develop and apply the ideas taught in class to their own lives.

Class Experience

Business Math Mastery: Essential Skills for Entrepreneurs" offers an in-depth exploration of the crucial mathematical concepts needed in the realm of business. This course is tailored for individuals aiming to start or manage a business, emphasizing practical math skills like financial ratio analysis, budgeting, investment decisions, and more, to ensure they are well-equipped to handle the mathematical demands of the business world.

Week 1: Introduction to Business Mathematics - Understanding the role of math in business.
Week 2: Financial Ratio Analysis - Using ratios to assess business health and performance.
Week 3: Budgeting and Financial Planning - Tools for successful budget management.
Week 4: Profit and Loss Statements - Understanding income, expenses, and profit margins.
Week 5: Break-Even Analysis - Calculating the point of profitability.
Week 6: Loan and Mortgage Math - Understanding interest rates and payment plans.
Week 7: Investment Analysis - Basics of ROI and risk assessment.
Week 8: Pricing Strategies - Using math to set competitive prices.
Week 9: Inventory Management - Mathematical approaches to stock control.
Week 10: Tax Math - Understanding business taxes and deductions.
Week 11: Payroll Calculations - Handling salaries, wages, and benefits.
Week 12: Cash Flow Analysis - Managing incoming and outgoing funds.
Week 13: Financial Forecasting - Projecting future revenues and expenses.
Week 14: Analyzing Financial Statements - Reading and understanding balance sheets.
Week 15: Capital Budgeting and Investment Decisions - Evaluating long-term investment opportunities.
Week 16: Math in Marketing - Analyzing data for effective marketing strategies.

The flexible schedule (Flex Class) allows your learners to watch the pre-recorded videos and do them at a time that is FUN for them! You can also spend extra time on the topics your child is most interested in. Since this is a flex class with no live meetings, students can log in at a convenient time to complete the week's lesson. We will be going through each week as a group and I will post the lesson weekly (depending on which day you started).

No experience is required to take this class.

Students will be provided with separate videos to watch for each topic. These are outlined below. 

The videos will contain the information required to give students a good understanding of each topic, and each one will include homework for the students to undertake during the week. Homework assignments will include writing a list of topics, interests, and areas of expertise in which the students might be interested in developing a business. 

After watching each video and completing the homework assignments, students will be provided with feedback and the specific next steps to make their projects. 

Timeframe for the Week:
Mondays - The teacher will post the information needed for the week.
Tuesdays-Wednesday - The teacher can answer any questions pertaining to the topic of the week.  The students will need to complete any homework assignments and answer any questions in the class.
Thursday - Students need to have all tasks completed and uploaded in the classroom.  
Friday - The teacher will provide feedback to the class and individual students, students will also be able to engage in peer-to-peer review and be able to discuss how they went about completing the tasks.
Saturday - Sunday - Teacher will be available to answer any questions that the students may have for the week or the next week.

▬▬▬▬▬▬ Concessions ▬▬▬▬▬▬
For parents/families who feel their child would benefit from this course, but their budget does not allow for it, I do offer a number of discounts for families of lower income. Please message me with the course, dates and times you are interested in to learn more about the discounts I might be able to offer.

▬▬▬▬▬▬ Explosive Learning Teachers ▬▬▬▬▬▬ 
This class is currently being taught by Jo Reynolds.
Learning Goals
Acquire proficiency in analyzing financial ratios and investment opportunities.
Develop robust skills in budgeting, financial planning, and cash flow management.
Learn complex profit analysis and capital budgeting techniques.
Understand the mathematical strategies behind effective pricing, payroll, and tax management.
Gain insight into how math is applied in marketing and financial forecasting.
learning goal

Syllabus

16 Lessons
over 16 Weeks
Lesson 1:
Introduction to Business Mathematics
 Dive into how math plays a crucial role in business decisions and strategies. 
Lesson 2:
Financial Ratio Analysis
 Learn to assess business health and performance using key financial ratios. 
Lesson 3:
Budgeting and Financial Planning
 Discover tools and techniques for effective budget management and financial planning. 
Lesson 4:
Profit and Loss Statements
 Understand the components of income, expenses, and profit margins. 

Other Details

Parental Guidance
All class content is seen using the share screen tool in zoom. No other third-party tools will be needed by the students
External Resources
Learners will not need to use any apps or websites beyond the standard Outschool tools.
Sources
"Math for Business and Finance: An Algebraic Approach" by Jeffrey Slater. "Business Mathematics" by Gary Clendenen and Stanley Salzman. "Financial Intelligence for Entrepreneurs: What You Really Need to Know About the Numbers" by Karen Berman and Joe Knight. Khan Academy’s Online Course on “Finance & Capital Markets.” "Corporate Finance For Dummies" by Michael Taillard.
4.8
1279reviews
Popular
Profile
Teacher expertise and credentials
Bachelor's Degree in Science from Brighton University UK
Jo Reynolds BSc Money Business Video Games YouTube
Johnathan is a highly accomplished serial entrepreneur who has founded three successful companies before the age of 30. He has always been driven to succeed in life, and this drive began in his teens when he first recognized the power of positive motivation.

Johnathan was fortunate to have had a good mentor who guided him through the complexities of financial management. This early guidance helped him understand the value of money and business, and develop the skills to identify and seize opportunities to make money and manage an investment portfolio.

In addition to his entrepreneurial experience, Johnathan holds a Bachelor of Science degree and is dedicated to sharing his life skills knowledge with others. He regularly teaches life skills, business, and English to young people (middle and high schoolers) and adults around the world.

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Self-Paced Course
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$25

weekly or $399 for all content
16 pre-recorded lessons
16 weeks of teacher support
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1 year of access to the content

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Ages: 15-18

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