Financial Plan and Product Development

Course details

A financial plan is an inclusive evaluation of the existing and future financial state of an investor by using presently known variables to predict the future cash flows, withdrawal plans and asset values.
Mostly people work in conjunction with a financial planner and use the tax liabilities, current net worth, asset allocation, estate plans and future retirement to develop financial plans.
In product development different products are created or developed with unique characteristics which may give additional benefits to the consumers. The product development may involve the amendment process in the existing product or its presentation or the formulation of a totally new product which satisfies the new needs of the customers.
The unit addresses the most fundamental building blocks for financial statements and statement of retained earnings. It also describes the product development process, income statement and the balance sheet including a look at cash flow statement.

Objectives:
After the completion of this course learners will be able to:
Create financial projections for your business and gather funding
Create a product development plan, marketing plan, & sales strategy
Program Content:
Lesson(s):
Introduction to Financial Plan and Product Development
Topics:
The Basics of Financial Statements
The Income Statement
The Balance Sheet
Cash Flow Statement
Statement of Retained Earnings
Product Development Process
Course Benefits:
Full Tutor Support
Self paced, no fixed schedules
Available to students anywhere in the world
24/7 Access to the LMS ( Learning Management System )
Easy to understand quality e-learning study materials
The benefit of applying for NUS extra Discount Card.
Course Material
All course materials are included in the course price. All your study material will be available on our learning management system for which you will get access once you are enrolled. The material can be downloaded and printed as well.
Our distance learning course materials are specially written for home study and contain a wealth of knowledge in easy to understand language. We use variety of media to help you learn. Your course may use any of the following different media which you can use from home or where ever you choose to study:
Online course materials
Question papers
Additional Supporting Material
Useful Links
Course assessment
You will be continually assessed throughout the course. Your assignment will be marked by your tutor and independently moderated. The feedback on your assignment will then be sent to you. On receipt of this, you may wish to contact your tutor to discuss the feedback.
Tutor Support
When you enrol on a course with CPD Courses you are allocated your personal tutor. Tutor’s help and support will be available throughout your studies with the college. He/she will assess your work and will provide you with regular feedback on your progress Updated on 25 October, 2017