Training

Understanding Business Finance

Finance, Personal Development

19/05/2025 9:30 am

19/05/2025 4:30 pm

Challenge Consulting, Nottingham, NG14 6EH

Chamber Members: £285

Non-members: £370

*All our business prices are excluding VAT at 20%

Book a place

In-Person

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

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.

What outcomes can you expect from joining us

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.

Challenge Consulting

The course will be delivered by a highly qualified and experienced trainer from our training partner, Challenge Training & Consultancy Limited. All trainers have a vast array of experienced, gained in a variety of businesses and are able therefore to bring context and fresh input to each course.

Additional Information

Lunch and refreshments are provided as part of this course.
 
Please note, there is no requirement for delegates to bring any stationery or IT equipment unless otherwise stated in the joining instructions.
 
This course is being delivered in collaboration with our training partner, Challenge Consulting and will be held at their purpose-built training and conference centre in Nottinghamshire and is limited to a maximum of 12 delegates.

book your place

Are you interested in attending this event? Book today to secure your place.
Booking Form

Looking to book for our event?

Please complete with delegate details, we can only accept one delegate booking per form. If you wish to book multiple delegates, please email business.training@emc-dnl.co.uk or complete a form for each delegate.