Ms. Hong Trang – CEO of EDUBELIFE, BIZMAP shared about “Corporate Financial Management”

Ms. Hong Trang – CEO of EDUBELIFE, BIZMAP shared about “Corporate Financial Management” on the online newspaper of the National Startup Center – NSSC

NSSC is the National Center for Innovative Startup Support. This is a public science and technology organization under the Department of Market Development and Science and Technology Enterprises – Ministry of Science and Technology. NSSC’s main mission is to support innovative startups and promote the development of the startup ecosystem. NSSC plays an important role in promoting the startup ecosystem in Vietnam, connecting domestic and foreign startups, and creating value and growth.

Ms. Hong Trang – representing BIZMAP – Business Map and EDUBELIFE – EDUBELIFE Financial Education Training Joint Stock Company was interviewed about the current status and importance of corporate financial management for the existence and development of Startups, SMEs and Corporations on the e-newspaper of  the National Innovation Startup Support Center.   especially the solution to help businesses effectively promote the financial management function in implementing business strategic goals, raising capital and maximizing the market value of enterprises in a sustainable way.

            “How can Startups develop strongly and sustainably based on a transparent, honest, compliant financial foundation, and compliance with laws and standards?To solve this challenge, we should “see” finance in a dialectical relationship with business management, which is an inevitable and inseparable part of strategic management and business operations.

The team of experts at Bizmap, co-founded by Expert Nguyen Hong Trang – General Director, CEO of EDUBELIFE Financial Skills Training Joint Stock Company, has jointly developed a set of tools including: Business Map – Business GPS – Pre-feasibility Financial Analysis, especially for Vietnamese startups with limited resources but aspirations for sustainable development. This map serves as a “compass” for strategic orientation, especially in the early stages when there are still many fluctuations, as well as a “common language” for founders to present ideas to investors, advisors, and partners.

            No investor pours capital just out of trust. They need a model that has been evaluated as pre-viable, run by people who know how to use capital efficiently and have a clear growth plan. Before implementing a business model, projects need to carry out financial analysis and pre-feasibility assessment to avoid “burning money” into an unprofitable model. Need:

• Build a 3-5 year financial model that can be presented to investors
• Forecast cash flow, expenses, revenue, break-even point and growth scenarios
• Analysis of return on investment (ROI), net profit margin, payback time
• Determine the scalability and sustainability of the model

This is a key step for startups to prove their professionalism and attract capitalization from the early stages”

Respectfully, please watch the detailed content via the link of the direct article on the e-newsletter of the  National Creative Startup Support Center NSSC https://vn.nssc.gov.vn/tin-tuc/quan-tri-tai-chinh-gps-dinh-vi-va-thiet-lap-ban-do-kinh-doanh-cho-cac-startup-vuon-minh/

 Sincerely thank you for your interest and follow-up!

01/07/2025