The purpose of this seminar is to understand the principles of business finance through an examination of the documents used to record an organisation's activities. Learn how to assess the basics of financial position and performance, cash flow, ratios and budgeting. Provide staff at any level with an appreciation of how business works.

Benefits

• Profit focused staff
• Improved forecasting
• Greater financial accountability
• Better administration
• Clearer financial goal setting

Learning Outcomes

Understand the functions of leading and managing; assess the mix of each one's own role and plan changes.

Understand where money comes from and goes to in a business operation.

Discover how profit is generated and the relationship between sales, cost of sales, overhead and profit.

Understand what working capital is.

Prepare a simple cash flow statement.

Understand and calculate key financial ratios.

Understand and prepare a simple budget.