Bottom Line Impact - Your Secret To Financial Success
0845 337 0 557
FINANCIAL AWARENESS COURSE
Benefit from:
- Invaluable practical financial insight and an appreciation of finance basics
- Our flexible, customised approach whereby you set the priorities and the pace.
- A commercially focused course, designed to have an immediate and lasting impact.
What does this mean for you?
- By working only with individual businesses (and often individuals) we can customise your training using your company's own numbers (confidentially of course) to illustrate key points to ensure the training is as pertinent to you and your business as possible. (Not sure how this differs from a standard open course?)
- And with low overheads, you can benefit from this customised approach for no more than the cost of some competitors' open courses (but with none of the compromises)
Like you, we understand that having an appreciation for finance basics and how the financial side fits together can have a real impact on the business. Even though you may have limited or no direct financial accountabilities your actions and decisions will invariably have a financial impact. And it may be more siginficant than you think.
From this punchy and engaging 1 day Finance Basics course you will:
- Leave with a clear picture of how your actions, decisions and choices impact the business and how even small changes can make a a real difference
- Become familiar with the key everyday financial terms and how they apply in your business
- An overview of the different types of costs, the impact of rising costs on the business and how to try to control them
- Learn what the key financial reports show and what people look for
- Get answers to questions you have (perhaps) always wanted to ask. Popular ones are:
- How do companies get into difficulties?
- Can a profitable busisness fail?
- Can a loss-making business survive?
- Add a new dimension to your dealings with customers and suppliers that could make a real difference
- And much, much more...
Click here to see Detailed Course Content below.
WHY US?
We are no jack-of-all-trades but a master of just one - Finance. So you will make sense of the numbers like never before; guaranteed!
Happy to come to you! at typically modest extra cost. So don't compromise on something so important, based on what's available on your doorstep
Full supporting materials including a detailed course manual plus an e-book to help ensure you correctly classify the costs in your Profit & Loss Account
The ultimate in flexibility! If you simply can't afford to lose a whole day out of the working week, we will hold your course on a weekend (just £50 extra)
Easy to engage with! We use visuals extensively to convey ideas & principles. And numerous examples / case histories show you how to apply what you learn in your work
Training that delivers! Ultimately training has to be judged by results. All of our course content is rigorously and ongoingly assessed based on the impact our clients tell us it has.
COURSE PRICES | BUSINESS TURNOVER | ||
|---|---|---|---|
| prices exclude VAT | up to £1m | £1m to £10m | over £10m |
| Financial Awareness 1 day course * | £525 | £565 | £605 |
| To build in the numbers from your business | £60 | £75 | £90 |
* 70% OFF these prices for each additional person up to 5 on the same course. This rises to 85% OFF for each additional person over and above 5 on the same course
Scroll down for detailed course content
GREAT DEALS!
-
Great value for 1 person with near-on 15% OFF for smaller businesses PLUS:
-
Minimum 70% OFF for each additional person
-
Rising to 85% OFF for each additional person over and above 5 on the same course
TO BOOK OR FIND OUT MORE
You can call us on 0845 337 0 557 or complete the form below.
CLIENT REVIEWS
The first change I made after the course will be worth £80k on my bank balance
Owner, Media Business
After more than 6 months, my wife still carries round extracts of the notes in her handbag
Director Property Business
BENEFITS
- Learn what accounts and the key reports can tell you about a business
- Leave wtih a practical grasp of the key terms and why they matter
- Take away some pointers on controlling costs, cash flow and what to pay attention to
- Understand how your actions and decisions make a difference
DETAILED COURSE CONTENT
FINANCIAL AWARENESS COURSE
1. FINANCE BASICS - AN OVERVIEW
- Day-to-day, what does the Accounts Department actually do?
- What information do they record and why?
- Key financial terms explained
- What reports are produced for use internally? What do they show?
- What information is produced that outsiders see? What do they look for?
An overview of the role and work of Finance within the business
2. PROFIT & LOSS ACCOUNT BASICS
- We explain the key terms ideally in the context of your business and why it really matters that the implications are understood. Among others we look at:
- Variable Costs v Fixed Costs
- Mark-Ups V Margins
- Top-Line v Bottom-Line
- The key benchmark for any Profit & Loss Account (but so rarely do you find it!)
- So what typically goes wrong in the Profit & Loss Account and why? What to watch out for in your everyday work
- 8 practical ways to improve your control of costs
Greater understanding gives rise to a greater number of questions. It's all good!
3. BALANCE SHEET BASICS
- Assets v Liabilities - what are they? We have grown up conditioned to think that Assets are Good and Liabilities are Bad. Is it really that simple?
- A Mug's Game - a simple way to illustrate a key point
- Debtors v Creditors explained. (And how they have a much better approach in the US)
- Ever wondered where it tells you if a business is in trouble?
- The (little known) real cost of a bad debt to your business
- Doing business with customers and suppliers. This could change where you focus effort
We're not so concerned here with how to read a balance sheet per se so much as the fact that this is where so many critical facets as to how to create a strong business are to be found
4. CASH FLOW BASICS
- What does cash flow actually mean?
- What factors combine to dictate whether cash flow is strong or weak?
- Profit v Cash. Why might they differ? Which is the better measure of the health of the business and why?
- Cash flow forecasts and projections - what do they look like and why do they matter?
- How can what we have covered impact what you do in your everyday work?
The realisation that strong cash flow comes not from accountants but from running a tight operation can be quite profound
FORMAT AND CONTENT
PowerPoint based (but in no way death by bullet point).
Interactive exercises (some of which are pen, paper and calculator based) so you can confidently replicate the calculations in practice.
Example case study pack with worked examples to help cement your understanding.
Comprehensive written supporting notes with key slides for you to refer back to.
WHO WILL BENEFIT?
You may have a front-line role within the business with little or no direct financial experience
You might be in an operational role making decisions on jobs or contracts with little feel for the financial implications
You may be working in a support function where you could benefit from a greater understanding of how your decisions and choices impact finance
Or, in some other capacity, perhaps you have reached a point where an appreciation for finance basics has become important
FINANCIAL TRAINING - WHERE?
In house at your office or a venue of your choice
or at our Haslemere office - FREE lunches (2 people maximum).
Click here for details on how you can contact us
COURSE SUMMARY
- Finance Basics - An Overview
- Profit & Loss Account Basics
- Balance Sheet Basics
- Cash Flow Basics
TO BOOK OR FIND OUT MORE
You can call us on 0845 337 0 557 or complete the form below.
TRAINER PROFILE
Colin Fittall FCA
FINANCE MENTORING CLIENTS
Financial Training based on proven methods put to work in real businesses:
WHO WE ARE
Our financial training courses were borne out of the commitment of Brian Warnes and Colin Fittall to see financial understanding move away from tired text book principles to proven methods that work in real businesses.
CREDIT CRUNCH - HOW WILL THIS TRAINING HELP?
- SALES - Learn how to calculate the impact of lower sales on profit
- SALES - All you need to know about discounts
- CREDIT - How to change your business to cope with poor access to credit
- COSTS - Steps you can take to mitigate the impact of rising input costs