Understanding your business’ finance – learn how a business makes money and the fundamentals of finance
1 or 2 day in-company workshop
Classroom or Virtual Training
Classroom or Virtual Training
The purpose of this Finance course is to enable non-financial Managers to fully understand the meaning of profit and evaluate the impact their own and their team’s decisions have on Profit at Gross level and further down towards the ‘Bottom Line’. It will help them to understand what drives revenue and costs recognition in the business, the elements of the balance sheet (stock and debtors) which are influenced by their actions and use this understanding to help manage the working capital of the business.
It will show delegates how to identify how costs build up through the supply chain and what can be done to minimise cost and maximise value and understand how costs behave with volume (fixed and variable cost) and use this understanding to improve decision making around product mix, discounting and new product development.
Exercises are used throughout to enable delegates to practice their new skills.
“Excellent presentation. Very personable trainer – also approachable. Liked the way trainer related theory to practice.”
“Everything I ever wanted to know about finance. Many thanks.”
For further details please contact us by email or call us on 01438 718071
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