Personal Financial Management for Entrepreneurs

(3 Credit Hours) · Undergraduate

This course introduces students to the essential principles of financial planning in the unique context of entrepreneurship. Entrepreneurs often prioritize their business ventures at the expense of their personal financial well-being. This course addresses that challenge by offering a comprehensive framework for financial decision-making. Students will gain practical experience creating financial budgets, understanding tax compliance issues (federal, state, local, social security, estimated payments, and tax preparation), evaluating investment opportunities such as stocks, bonds, and new business ventures. The course also includes key elements of contract law, record keeping practices, retirement planning, and estate planning, with an emphasis on issues faced by entrepreneurs and individuals seeking to build long-term wealth.