AIM
The course focuses on dispelling the mystery of financial jargon and developing skills within the participant to use and understand financial information to manage and develop their business according to their goals.
OBJECTIVES
- Read a set of financial statements
- Explain key concepts underlying the profit and loss, balance sheet and cashflow
- Develop a clear understanding of financial performance. gain greater control of their relationships with external financiers, accountants and your own internal management team
- Explain key principles underlying financial management
- Breakeven Analysis
- Costing and pricing
- Cashflow budgeting and cashflow management
- Ascertain what is needed to enable a business to grow profitably
- Capital budgeting and funding
Outline Content – Summary
Unit 1: Business & Finance - Understanding Financial Statements
Unit 2: Financial Management
Unit 3 :Financial Planning
Duration:
3 training room days
