Course Summary

This two-day course covers many of the financial techniques you need to run a business profitably. It is a hands-on, practical course that expects no prior knowledge. Everything you need to know is here.

What you will learn

• How to read and interpret business accounts
• What ‘gross margin’ really is, and how to improve it
• The importance of the breakeven point, and how to calculate it
• The different types of cost and their relationship to breakeven
• How to calculate total costs
• Pricing for profit
• The real dangers of competitive pricing
• What ‘working capital’ is and the danger of not controlling it
• How to control stock effectively
• The importance of analysing cash flow
• How to control the movement of cash
• Forecasting from the cash flow
• How to calculate financial requirements
• Ways of evaluating investment decisions
• How to control working capital requirement actively
• How the various parts of financial management work together

Who should attend?

This programme is intended to give anybody running their own business, or new to managing company accounts the confidence to manage their Finances effectively. Over these 2 days you will acquire a good understanding of both the principles and practicalities of Business Finance.

Workshop Timetable

DAY 1

DAY 2