LEARNING OUTCOMES
Knowledge:
• Acquiring familiarity with the financial plan and understanding its significance for businesses in managing
finances effectively.
Competences:
• Delving into the specific components of the financial plan, such as the Investment budget, Financial budget,
Operating budget, Cash flow statement, Balance sheet, Sales forecast, and Break-even analysis.
• Exploring each component in detail to gain a comprehensive understanding of their purpose, content, and
interconnections within the financial plan.
Attitudes:
• Cultivating a mindset of planning and organisation when it comes to financial aspects, recognising their
critical role in the success and sustainability of a business.
• Emphasising the importance of considering and addressing financial aspects proactively and systematically,
fostering a responsible approach to financial planning and management.

AIM OF ACTIVITY
The aim of this activity is to familiarise participants with the importance and components of a financial plan for
business start-ups. By exploring key financial planning topics, participants will gain the knowledge and skills
necessary to make informed financial decisions and anticipate challenges.