Business Financial Management II

Instructor: Jim Allfrey
Level 300
NR Hours: 3
No. of Days: 1/2

Content:
Building upon the content taught in the 200 Level Business Financial Management I class, this class is presented from a business owner’s perspective to provide advanced practical knowledge of organizational needs, legal requirements, asset protection, and tax reduction strategies critical to the success of their real estate investment business. Students will learn the questions to ask to gain the information needed to protect and operate their business more efficiently as they create their own plan for success. Presenting information on tax reduction and tax deferral strategies available to the investor to minimize taxes paid on income generated, the business owner will be armed with the information needed to both work with and to direct key members of their team to accomplish the investor’s goals.

Course Objectives:
Understand the need to develop a strategic business plan that includes both short and long term considerations for survival, growth, development and financial stability. Learn concepts relating to strategies that can be implemented to create, protect, and ethically operate a real estate investment business. Acquire knowledge of established taxable income reduction and deferral strategies employed by small business owners. Understand legal requirements for obtaining licenses, permits and DBA registrations. Learn strategies used to protect and grow the assets of a business, including due diligence, insurance products, title options, tax advantaged retirement plans, and legal entity structuring consideration.

Nouveau Riche™ (NR) offers an educational system for entrepreneurs and aspiring entrepreneurs. NR is the exclusive distributor of the materials, content, presentation design and format, which are proprietary products of Nouveau Riche AcademyTM (NRA). Neither NR nor NRA is a degree-granting or vocational program, and neither is accredited with any academic or standards governing board.  As with any College, courses and instructors may be added, changed, or removed from time-to-time. NR and/or NRA reserves the right to make replacements or substitutions to the curriculum, its content, presentation design and format, as it deems necessary to ensure the quality and effectiveness of its Colleges.