Presented by
Falconbury
Profit Improvement and Financial Skills
In four hours this programme will explain how finance works, how money flows around your business, will show you how to read financial reports with confidence and how you can ensure profitability.
- 8 Modules
Course overview
This 4 hour intensive course will boost your confidence when dealing with business finance and highlight areas where profitability can be improved.
If you need to get quickly up-to-speed with finance in your business then this short course is for you.
Benefits
- Exceptional value at £49/€69 a module
- Buy now for your team and invite them to participate at any time of your choosing
- Distilled financial and profit knowledge and best practice
- Available instantly to be taken on-line or printed off at your convenience
- Doubles as a reference source of how company finances work and how to help profitability
- Model answers to confirm your understanding of the subject
- Certificate of completion for your training records
- Ideal for training new members of the team
- Great for those requiring a quick refresher
Who should take this course
- New starters to the organisation who need to understand finance
- Commercial and contract assistants and executives
- Commercial and contract managers
- Sales and marketing managers and also those from other non-finance functions who want to understand how business finance and reporting works.
The Profit Improvement and Financial Skills course will cover:
- Turning around loss-making companies
- Introduction
- A new chief executive
- The main causes of the loss
- Sales and marketing
- Production and delivery
- Research and development
- Rationalisation
- Financial recovery
- Self assessment
- How to boost your profits this year: budgets and budgeting control
- Basic issues
- Budget assumptions
- Co-ordination
- Sales budget
- Overhead costs
- Capital expenditure
- The cash budget
- Monthly budget phasing
- Effective monthly reporting
- Financial year forecasts
- Monthly report summary
- Self assessment
- How to boost your profits this year: cash management
- Introduction
- Debtor management
- Prompt invoicing
- Creditworthiness
- Credit limits
- Eliminating excuses
- Requesting payment
- Stock and work-in-progress management
- Creditor payment
- Overhead costs
- Adequate finance
- Monitoring cash flow
- Bank contact
- Self assessment
- Profit management
- Introduction
- Variable costs
- Fixed costs
- Marginal profit
- Break-even point
- Product and service profitability
- Customer profitability
- Marginal pricing danger
- Self assessment
- Financial analysis for decision-making
- Introduction
- Technique
- Evaluation
- Essential replacements and legislation requirements
- Sensitivity analysis
- The management role
- Decision audit
- Investment risks and rewards
- Application
- Commercial factors
- Self assessment
- How to achieve dramatic growth in profits
- Introduction
- Vision statement
- Quantum leap approach
- Taking stock
- Strategic options
- Organisation structure
- Business development projects
- Strategic workshops
- Self assessment
- Final assessment
- Customer feedback form
Barrie Pearson
Barrie Pearson is Chief Executive of Realization. The company provides world class coaching and mentoring to entrepreneurs and chief executives in wealth creation and personal development. He is the author of 12 books, and has presented many successful seminars on corporate finance in the UK, Europe, New Zealand and the Far East.
Enrol on Profit Improvement and Financial Skills training
Complete course
Course code 5007
- GBP 49.00 +VAT
- EUR 69.00 +VAT
- USD 76.00 +VAT
- Browser-based online learning
- Take the training at your own pace
- Receive a certificate of completion upon passing the assessment
- Follow progress if purchasing on behalf of your colleagues
- Questions? Read our FAQs or contact us
