Finance For Non Financial Managers
This masterclass aims to boost the competence of owner managers, entrepreneurs and senior managers in the theory and practical everyday use of financial documents so that they may be confident in their business dealings with team members, investors, bankers, customers and suppliers.
The masterclass will cover:
I thought accounts were for accountants! What are the key financial statements? Why do they matter to me and my business? What are they telling us; interpret them and how will others interpret them?
Profit and Loss: A quick look at how each of the elements are treated that make up business income, expenditure and overheads.
The Balance Sheet in detail: Taking a snapshot of your business - what can we learn?
The cashflow forecast: How to use common sense to build up a picture of our business future. The key difference between profit and cash, demonstrating the issues of working capital.
The masterclass will enable delegates to:
Use forecasting techniques to set budget and performance targets
Monitor spending and performance
Consider, project and manage options for change
Have a greater appreciation of the importance of financial management, how to interpret financial reports and the basic components of how to start to put together important financial reports
What are my transport/parking options for getting to and from the event?
The venue has a free car park
The nearest train stations to the venue are Five Ways and Birmingham New Street