Course Description
This course deals with the basics of how to develop and implement a sound personal financial plan and startup business plan. Students will create both a personal plan and a business plan based on projected horizons of 1, 3 and 5 years. The primary focus is on near term planning with emphasis on: initial savings, paying off student debt, judicious use of credit, and investing for short and long term goals. Also, students will create a comprehensive business plan for starting a law firm after graduation. This plan’s focus should be on business structure, financing, cash management and cost control. Topics such as benefits and insurance should be covered as well. Students will prioritize and codify their plans based on personal, professional and lifestyle objectives projected over each plans stated horizons.