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Finance Skills for Managers and Team Leaders

Home / Training / Business Training / Developing People / Finance Skills for Managers and Team Leaders - 07-12-2017

Finance Skills for Managers and Team Leaders

Severn House, Worcester WR4 9NE
£150 Members
+ VAT
 
Thursday 07 December 2017
Event begins from 09:30 AM
Thursday 07 December 2017 Event begins from 09:30 AM
£0

Understanding finance is key to the success of every business.

Finance for Non-financial Managers is a one-day course for managers who want to develop their financial understanding, and how their decisions affect an organisation’s financial performance. Relevant to public, private and not-for-profit sectors, the aim of this course is to promote planning and financial competencies in small and medium sized firms in order to improve prospects for long term success!

This course runs from 9.30am-4.30pm with all materials, refreshments and a buffet lunch provided.

Course Overview

The aim of this practical and participative course is to equip the non-finance manager with practical guidance, tools and techniques to use in their workplace. The objective is for delegates to develop new skills that will support their financial responsibilities and improve the financial performance within their team and ultimately, the wider business. Using case studies and participants’ own examples, they will learn about key financial documents such as Balance Sheets, Income & Expenditure, Accounts and Budgets.

Who Should Attend?

This practical and interactive training course is designed for SME’s, small business owners or managers who have acquired responsibility for some of the financial  tasks within their organisation, or more experienced managers who wish to refresh themselves of the basics. Whether you’re a new manager or an existing manager wanting a refresher this workshop will be useful.

Course format and duration

This one day workshop runs from 9.30am - 4.30pm and will use case studies, practical exercises, observation and feedback help you to understand the skills you need to practice to improve your sales.

Course Content

The day focuses on key topics including:

  • The Basics
  • Balance Sheet
  • Profit & Loss Account
  • Cash flow
  • Pricing, Variable and Fixed costs, and simple Breakeven Analysis
  • Working Capital and the impact on simple changes on cash flow
  • Investment Appraisal and Simple Payback
  • Ratio analysis – what it is and how it can be used, and valuation of a business

 

The Business Benefit

  • Understanding of financial accounts and reports
  • Definitions of important financial concepts in plain English
  • Skills to interpret financial results using ratios and other methods
  • The ability to manage budgets more effectively


£150.00 Members (excludes VAT) / £188.00 Non members (excludes VAT)

Membership Saving £38

Login is required to receive the membership discount while booking online

Dates Available:

For more information please contact the Training Team

  training@hwchamber.co.uk      01905 673611