This course explains the essential concepts of accounting and finance to business owners and managers who do not have a financial background.
Knowing how to finance assets, forecast future cash flows, maintain a budget, determine which operations are profit generators and which are not, and judge the real economic merits of different investment opportunities will help you stay in business and turn a profit.
The course will explain what you need to know to be an intelligent consumer of financial information, to plan, and to use financial concepts in making better business decisions.
Calculating and assessing the overall financial health of your business is an important part of an owners or managers position. This course provides the fundamentals of financial literacy and gives you the smart advice you need to increase your impact on financial planning, budgeting and forecasting.
Topics covered include:
The different types of financial statements
Finding meaning in financial statements
Important accounting concepts
Financing operations and growth
Budgeting
Practical tools for management decisions
The time value of money
Evaluating opportunities
Tools and exercises will be provided so that you can practice the techniques and strategies covered in the course.
ABOUT SME ACADEMY
When you book a course with SME Academy, you are assured that you will be learning from someone who has relevant practical experience.
Why is this important? Because at the SME Academy we believe in delivering courses that have a positive impact on your company and provide a return on your investment.
We also ensure that everyone who attends a course has the opportunity to have one-to-one support from our dedicated team afterwards (see below). This safeguards your investment by assisting you and your colleagues to apply what has been covered on the course.
Everyone on our training team has extensive practical experience of their topic. We firmly believe that trainers should be able to share their own first hand experiences of what works…and what doesn't.
OTHER SERVICES
Coaching:
All delegates will be given the opportunity to take up optional one-to-one business coaching or mentoring. When you work with a coach or mentor, together you will examine the different ways in which you can apply the tools and techniques covered in the live workshops to your business or your role. You will always be working towards a clear, agreed outcome with your business coach/ mentor, so that you can monitor the performance of the new strategies. You’ll set goals with your coach/mentor and work out a plan to achieve them. Coaching is a very effective way of helping you in any of the areas covered by our courses.
Coaching is available as either face-to-face sessions or as telephone coaching. We are happy to arrange group coaching sessions via a tele-conferencing service to help your delegates to embed their learning from the course.
Please contact us for more information about coaching services and our rates.
Consultancy
The SME Academy specialises in Business Growth Consultancy. If your business is growing faster than your people can handle or if you would like some help in planning to take your organisation to the next level, please contact us for more information about how we can help you.