Financial Management for Growth

Good financial management is critical to the success of any business. In order to function effectively in business, all owner/managers need to have a solid understanding of finance, how it affects the day-to-day operations of their company and its importance in the planning and decision-making processes. This workshop is designed for owner/ managers to gain a better understanding of the basic financial management processes, gain insight to raise finance through funding and become more confident in addressing matters of a financial nature.

Programme Objectives 

• Gaining a clearer understanding of the financial management process.
• Interpret financial reports and accounts correctly – Budgeting, Cashflow and Costing.
• Insight on where to go to raise/receive business finance and the business support options available now.

Course Content 

• Fixed Costs and Variable Costs.
• Breakeven Analysis.
• Understanding the profit and loss, cash
  flow and balance sheet.
• Interpreting the balance sheet.
• Raising finance for funding and growth.
• Managing Cash flow.
• Using ratios.
• Planning through break-even analysis.
• Costing for decision making.
• Budgeting for the future.
• Business Dashboards.