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.

Enrol or try free

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

Enrol or try free

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.

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