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Description

In order to be successful we need to understand our business finances. Without this understanding we are unable to plan or make effective decisions. This course will provide an overview of the most common financial terms and provide techniques to help you to understand and control your finances.

Overview

This course will ensure you -

- Have undertaken a 'jargon buster' and understand key financial terminology.
- Be able to interpret a profit and loss account and balance sheet, identifying key areas of interest.
- Recognise the importance of cash flow and be able to create a cash flow forecast
- Know what 'breakeven' means and recognise its importance to business operations
- Know what questions to ask when creating and working to budgets including an awareness of cost behaviours.

Outcome

To explain financial and accountancy jargon in plain English and to highlight they key areas of interest to enable effective planning and decision making. A workshop style of delivery will ensure opportunities to discuss ideas and share experiences to aid understanding.

This course is for business owners, managers or staff who require a working knowledge of costs, and understanding of the key financial documents used in organisations.

Additional Information

Lunch and refreshments are provided as part of this course.

Please note, there is no requirements for delegates to bring any stationery or IT equipment unless otherwise stated in joining instructions.

This course is being delivered in collaboration with our training partner, Challenge Consulting and will be held at their purpose-built training centre in Nottinghamshire and is limited to a maximum of 12 delegates.

This event is available for: Members and Non Members

9:30am - 4:30pm

In-Person

East Midlands Chamber - Nottingham, Nottingham, NG2 1EP

Select your tickets

Members must Sign in / Register to purchase member only tickets

Price Type

Clear

*All our business prices are excluding VAT at 20%.

For further information on this event, please contact Business Training Team on 0333 320 0333 or email business.training@emc-dnl.co.uk

Presenters & Panelists

Challenge Consulting

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Understanding Business Finance

Description

Overview

Outcome

Additional Information

Presenters & Panelists

Challenge Consulting

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