CONTACT HOURS: 1.50
AOTA CEUs: 0.15
Creating a successful business means understanding the world of finance. Although this world is often intimidating, financial literacy is a critical skill for entrepreneurs. Many businesses fail because of a lack of adequate funding, so this remains one of the biggest challenges faced by entrepreneurs when starting, operating, and expanding their business. Understanding your business’ financing needs and knowing the range of financing options available to you will improve your odds of success.
The outcome of this course is for the learner to describe the financial issues facing new or growing businesses, including types of startup expenses, crucial financial statements for business success, common types of financing available for businesses, and key investment ratios used in business.
Course Objectives - Upon completion you will be able to do the following:
- Describe the types of startup costs and essential expenses needed by a business.
- Identify key factors to consider when determining funding needs of a business.
- Compare and contrast the key financial statements (balance sheet, income statement, and cash flow analysis).
- Explain the purpose of assumption sheets and breakeven analyses.
- Discuss common types of financing.
- Explain key investment ratios used in business.
Nurses, health care professionals, and interested individuals
Criteria for Successful Completion
Complete the course post exam (CE Test) with a score of 80% or greater. Complete all fields of the course Evaluation Form.
Certificate of Completion is provided for individual courses once the course post exam is passed per criteria above.
Certificate of Completion is provided for certificate programs once all of the courses within the certificate program have been successfully completed per criteria above.
Practice Level (For Occupational Therapy Only): Beginner/Introductory
Content Focus (For Occupational Therapy Only): Professional Issues
Commercial Support No commercial support has been received for this activity.
Complementary and Alternative Health
Marriage and Family Therapy
American Board of Managed Care Nursing - The American Board of Managed Care Nursing recognizes all of ALLEGRA Learning Solutions' ANCC accredited courses for continuing education credit for Certified Managed Care Nurses (CMCNs).
ANCC—American Nurses Credentialing Center - ALLEGRA Learning Solutions, LLC is accredited as a provider of continuing nursing education by the American Nurses Credentialing Center's Commission on Accreditation.
AOTA - American Occupational Therapy Association - American Occupational Therapy Association
California Board of Behavioral Sciences - California Board of Behavioral Sciences Provider Number PCE 1564. Course meets the qualifications for the stated hours of continuing education credit for MFTs and/or LCSWs as required by the California Board of Behavioral Sciences.
California Board of Registered Nurses - Provider approved by the California Board of Registered Nursing, Provider # CEP 14693 for the number of hours stated.
California Department of Health, Aid, and Technician Certification Section - The California Department of Health, Aid, and Technician Certification Section accepts continuing education offered by CA-BRN approved providers.
District of Columbia Board of Nursing - ALLEGRA Learning Solutions (CE Provider # 50-12076) submits all continuing education records to CE BROKER after successful completion.
Florida Board of Massage Therapy - ALLEGRA Learning Solutions, LLC is accredited as a provider of continuing nursing education by the American Nurses Credentialing Center's Commission on Accreditation.
Florida Board of Nursing - ALLEGRA Learning Solutions, LLC is accredited as a provider of continuing education by the Florida Board of nursing (CE Provider # 50-12076).
Courses are automatically submitted to CE Broker.
Florida Board of Nursing — Certified Nursing Assistants - ALLEGRA Learning Solutions (CE Broker Provider # 50-12076) submits all continuing education records to CE Broker after successful completion.
Florida Board of Respiratory Care - ALLEGRA Learning Solutions (CE Broker Provider # 50-12076) submits all continuing education records to CE Broker after successful completion.
Florida Council of Dietetics and Nutrition - ALLEGRA Learning Solutions (CE Broker Provider # 50-12076) submits all continuing education records to CE Broker after successful completion.
Florida Council of Licensed Midwifery - ALLEGRA Learning Solutions (CE Broker Provider # 50-12076) submits all continuing education records to CE Broker after successful completion.
NAADAC - The National Association of Alcohol and Drug Abuse Counselors - ALLEGRA Learning is an approved provider with the National Association of Alcohol and Drug Abuse Counselors (NAADAC) (Provider #813).
NCBTMB -National Certification Board for Therapeutic Massage & Bodywork - ALLEGRA Learning Solutions, LLC is approved by the National Certification Board for Therapeutic Massage & Bodywork (NCBTMB) as a continuing education Approved Provider. Provider Number 451562-11.
ALLEGRA Learning Solutions courses are acceptable for continuing education in...
Accommodations for Disabilities
Continuing education (CE) licensing requirements vary by jurisdiction, are not well defined, and may change. These CE requirements may vary in terms of the number of hours required to the types of courses that must be taken. ALLEGRA Learning Solutions recommends you contact your licensing board or accrediting organization for the latest continuing education requirements of your state or territory. Compliance with CE requirements is the responsibility of the individual health care provider. Health care providers must understand the CE requirements in their jurisdictions, and be sure they are up-to-date on any rule changes that affect their license. For further information, please see our Accreditation information page.
Conflicts of Interest and Relevant Financial Relationships
Every effort will be made to accommodate your special needs. To request accommodations, please contact ALLEGRA Learning Solutions at Contact Us.
The authors/planning committee members have no conflicts of interests or relevant financial relationships to declare relevant to this activity.
Non-endorsement of Products
Accreditation refers to recognition of continuing nursing education only and does not imply ALLEGRA approval or endorsement of any commercial product.
Off-label Use of Products
None of the authors intend to discuss off-label uses of drugs, mechanical devices, biologics, or diagnostics not approved by the FDA for use in the United States.
Cyndie Koopsen, RN, BSN, MBA, HNB-BC, RN-BC, HWNC-BC
Caroline Young, MPH
June 10, 2020
ALLEGRA Learning Solutions, LLC is committed to the development of education programs with the highest quality content. We have a financial interest in the courses we provide. We adhere to strict quality processes in our course creation and delivery. Each course is rigorously researched, peer-reviewed by an external entity, unbiased, and developed to provide current, professionally-relevant, evidence-based materials. We comply with all applicable local, regional, state, and/or national laws and regulations. Integrity, maintaining and exceeding accreditation standards, and the use of ethical, sound business principles are also basic tenets of our philosophy. Images are for illustrative purposes only. Persons depicted are models. The stock photography company retains all model releases.
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