← Financial Management for SMEs: Strategic Financial Management

Business Performance Management

Module 06 / 6 · 60 min

Run the business on a balanced scorecard and enterprise health indicators, plan growth the balance sheet can carry and report to the board in a steady rhythm.

In this module you will learn to

Link strategy to a small set of financial and non-financial KPIs with owners and targets
Build a balanced scorecard across financial, customer, internal process and learning perspectives
Track enterprise health indicators for liquidity, solvency, profitability, efficiency and compliance
Plan growth with the sustainable growth rate and decide between retaining profit and paying dividends
Set a monthly, quarterly and annual review rhythm with the board

Built on

Erudite Africa training curriculum: Financial Management for SMEs, Level 3 Advanced, Strategic Financial Management (October 2026)
Income Tax Proclamation No. 979/2016 as amended by No. 1395/2025; VAT Proclamation No. 1341/2024 and VAT Registration Directive No. 1104/2025; Federal Tax Administration Proclamation No. 983/2016 as amended by No. 1434/2026
Capital Goods Leasing Business Proclamation No. 103/1998 as amended by No. 807/2013; Investment Proclamation No. 1180/2020; Investment Incentive Regulation No. 586/2026
Commercial Code Proclamation No. 1243/2021 and Financial Reporting Proclamation No. 847/2014 (IFRS for SMEs, AABE filing)
NBE Directives No. NBE/INT/13/2026 (interest rates), SBB/95/2025 (capital adequacy), FXD/01/2024 and FXD/05/2026 (foreign exchange)
Published good practice on financial modeling, quality of earnings review and the balanced scorecard (Kaplan and Norton)

Examples and companies are fictional. Tax rates and rules are shown as they stood when the course was written; always check the current proclamations, directives and guidance from the Ministry of Revenues before filing, and take professional advice for your own case.