GCUF

Edit Content

Contact

Social Media

The Business Incubation Center (BIC) GCUF successfully conducted a vital training session

The Business Incubation Center (BIC) GCUF successfully conducted a vital training session on Financial Management for inducted incubatees on December 15, 2025. The session, held at the BIC premises, was expertly led by Dr. Ahsan Riaz, who provided detailed guidance essential for managing the financial aspects of emerging startups.

The training covered core principles of financial health for new businesses, emphasizing budgeting, cash flow management, and investment planning. Dr. Riaz used practical examples to help incubatees understand how to effectively track expenses, forecast revenue, and make informed financial decisions critical for sustainable growth.
Key areas covered included:
• Budgeting and Forecasting: Strategies for creating realistic financial projections.
• Cash Flow Management: Techniques to ensure liquidity and operational continuity.
• Financial Reporting: Best practices for maintaining accurate financial records.

The session was highly interactive, allowing incubatees to address specific financial challenges faced by their respective startups. This initiative underscores BIC GCUF’s commitment to providing comprehensive support and practical skills training to ensure the success and scalability of all incubated ventures.