Module 7: Principles of Finance

Understanding the principles of finance is essential for running a successful trades business. From managing budgets and tracking cash flow to making strategic investment decisions, financial literacy enables you to ensure profitability, maintain stability, and achieve long-term growth. In this module, you’ll explore the key concepts of business finance, including budgeting, pricing strategies, cash flow management, and financial forecasting. By the end of this module, you’ll have the tools and knowledge to make informed financial decisions, maximize profitability, and position your business for sustained success.