COURSE OBJECTIVES: This course builds on Part 1 of Essential Finance for Non-Finance Managers and provides an understanding of how financial techniques can be used to aid decision making in a business. It will cover budgeting preparation and management and short term and long term decision making techniques.
COURSE CONTENT
Achieving Sustainable Business Growth
- Scenario planning
- Forecasting the outlook for demand, selling prices, and costs
- Business growth stages and cash flow
- Options for growth
- Constraints to growth
- Organic growth versus acquisition
Assessing Customer Profitability
Costing and Pricing Products and Services
Analysing Financial Statements
- Selecting and calculating financial ratios
- The ratio pyramid
- How to undertake trend analysis
- Limitations of ratio analysis
- Preparing and managing an operational budget
WHO SHOULD ATTEND
This course is intended for those with little or no previous financial experience who need to be able to understand and interpret financial information as part of their job.
Would you like this course run in-house? Call us on 0207 566 8207 to find out more
Not quite what you were looking for? Then please see the following closely related courses;