Duration

Half day workshop

Audience

For the business owner who wants to understand their financial accounts in more depth and how they can use these accounts for the financial management and betterment of their business.

Content

Cash is king – Are you?

• Why is accounting so important?
• What is a Statement of Financial Position (Balance Sheet) – do I really know?
• Then, what is the Statement of Financial Performance (Profit and Loss) and how do they tie in?
• How can I complete a ‘health check’ of my business using this information?
• The benefits of forward financial planning.

Benefit to audience

Your financial information can tell you a lot. Even simple calculations provide key information about your business which will help you plan and manage your finances, understand and build on what you do well and spot problems before they come to serious.

This workshop helps you to learn how to use the information contained in your annual financial statements – from analysing key areas of your business activity through to planning for future years.

After all – WE ARE IN BUSINESS TO MAKE MONEY – so we need to know how to manage it effectively.

A basic understanding is essential for your financial success and that’s what we provide.