What you'll learn
Why Currencies fluctuate
What are exchange rates
Practical help and resources
Factors that influence currency exchange rates
Commonly known Solutions
Benefits
Risks and Challenges
Real world scenarios
Illustrations and examples
Requirements
None
Description
Currency fluctuations, movements and exchange can be costly, if not properly managed. This course looks at some commonly used approaches to managing and mitigating these. - What gives rise to the fluctuations- Exchange rates- Illustrative examples- Proposed commonly used solutions- Practical suggestions on where to find directionIt is sometimes an overlooked part of business, currency costs, but does not need to be. It can be a managed aspect that gives rise to some welcome opportunities, returns and may even help your business scale. For businesses in these fields: •Importers–Exporters, Trade Commodities, Resources•Educational Institutions – Universities, Colleges•Online Seller-Trader, Marketplace Owners•Engineering, Medical Devices, Equipment•Real Estate – Developer, Agent, Financier•Small and Medium scale business (SME)•Medical Institution, Hospital, Pharmacy•Logistics company, Shipping & Haulage•Business Consultant, Adviser, Coaches•Hotels, Travel Agency, Tour Operator•Financial Advisers, Family Offices•Accounting Practices, Software•Manufacturers or Producers•Freelancer, Gig Economy•Fintech, Small banks•Airbnb Host-Owner•Sports Agents etcUnderstanding currency fluctuations and what can be done about them is beneficial. The ability or being armed with the knowledge is a useful tool to have that could help improve your profit margins, by reducing your expenses. We faced some of these issues in our consultancy, which led us to looking deeper into it and I hope you find the course helpful towards your goal.
Overview
Section 1: Introduction
Lecture 1 Introduction
Lecture 2 The Currency and Foreign Exchange World
Section 2: General parameters that govern the Currency markets
Lecture 3 General parameters that govern the Currency markets
Section 3: Illustration - Foreign exchange: Individual
Lecture 4 Illustration - Foreign exchange: Individual
Section 4: The NEED for a Foreign Exchange Strategy For Your business or company
Lecture 5 The NEED for a Foreign Exchange Strategy For Your business or company
Section 5: What caused huge Currency swings recently and impact on a business
Lecture 6 What caused huge Currency swings recently and impact on a business
Section 6: Illustration - Foreign exchange: Business
Lecture 7 Illustration - Foreign exchange: Business
Section 7: Known Strategies include
Lecture 8 Known Strategies: Setting Triggers and Limit Orders
Lecture 9 Known Strategies include: Savings
Lecture 10 Known Strategies: Hedging solutions (including Forward contracts)
Lecture 11 Known Strategies: Averaging
Lecture 12 Known Strategies: Multiple Currencies
Lecture 13 Known Strategies: Educate Yourself, Your business
Lecture 14 Known Strategies: Automation and Scale
Lecture 15 Known Strategies: Seek help
Lecture 16 Global Currency solutions that could help mitigate Currency exposures
Lecture 17 Conclusion
Entrepreneurs,Export,Import,Accountants,Bankers,Finance,Fintech,CEO,CFO,Finance Manager,Market places,Travel Agents,Real Estate Developers,Hoteliers,Start Ups,C-Suite,Procurement,AirBnB,Consultants,Coaches,Advisers

Homepage

https://www.udemy.com/course/currency-management-for-small-businesses-corporates/