Business Finance for Non-Financial Managers

LEARNING RESOURCES:
Learner Guide

RECOMMENDED DURATION:
2 DAYS

DO YOU KNOW THE DIFFERENCE BETWEEN A TRIAL BALANCE AND GENERAL LEDGER OR HOW TO MEASURE PROFIT AND UNDERSTAND PRODUCTIVITY?

Driving your business forward

Understanding the basics of finance

Bookkeeping is vital to properly managing your business resources, but you don’t need to be an accountant or CPA to know the basics. When you understand your business through its financial statements, you can steer it towards sustainability, profits, and success. To do this you need to be able to:

Interpret financial statements
Explain financial controls for managing a business
Understand profit and loss on your balance sheet, and
Make projections and profit plans.

Is your business profitable?

Not sure? Then answer these questions and decide for yourself.

IS YOUR OVERALL FINANCIAL CONDITION WEAK OR STRONG?

DO YOU KNOW WHAT YOU HAVE? WHAT YOU OWE? OR WHAT’S LEFT OVER?

DOES YOUR BUSINESS HAVE THE CASH TO STAY AFLOAT?

DO YOU KNOW HOW SMALL BUSINESSES GET LOANS?

Whether you’re starting up your own business or have been running one for a while, it’s very important that you know your numbers. With this course you’ll be investing in the sustained growth and success of your business.

What you will Learn

This training workshop aims to develop a basic understanding of business finance to enable you to make better financial decisions for a business unit or small business.

Determine the financial and cash flow requirements of a small business

Determine income and expenditure of a small business

Implement pricing and costing principles

Identify resources to obtain start-up capital

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Purpose-driven
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