Executive Development Programme in Food Truck Financial Literacy
-- ViewingNowThe Executive Development Programme in Food Truck Financial Literacy is a certificate course designed to empower current and aspiring food truck owners with critical financial skills. In an industry where financial mismanagement can lead to failure, this programme is increasingly important.
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⢠Financial Planning & Budgeting: Understanding the importance of financial planning and creating a budget for a food truck business.
⢠Financial Statements: Learning to read and analyze financial statements, including income statements, balance sheets, and cash flow statements.
⢠Cost Management: Identifying and managing costs, including food costs, labor costs, and overhead costs.
⢠Pricing Strategies: Determining the right pricing strategy to maximize profits and attract customers.
⢠Financial Analysis: Analyzing financial data to make informed decisions and identify areas for improvement.
⢠Risk Management: Identifying and managing financial risks associated with a food truck business.
⢠Tax Obligations: Understanding tax obligations for a food truck business, including sales tax, income tax, and self-employment tax.
⢠Cash Flow Management: Managing cash flow to ensure sufficient funds are available to meet financial obligations.
⢠Financial Reporting: Creating and maintaining accurate financial records and reports for stakeholders.
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