Financial Management

For the entrepreneur who needs to…

- Develop realistic budgets
- Understand business cost structures, margins and runway
- Manage cash flow effectively
- Process monthly management accounts as a business tool
- Understand VAT, PAYE and Company Tax
- Plan for growth and manage it

What’s covered?

- Managing cash flow
- The essentials of financial accounting
- Understanding and planning for the different types of tax
- How to develop and interpret key ratios
- Determining the financial profitability of the business
- Preparing for an audit
- Preparing budgets and financial packs for key stakeholders

Outcomes…

- Understand the financial performance of the business and how to take remedial action where required
- Understand how to read a balance sheet and the implications for the business
- Understand the cash flow requirements of the business and how to manage cash flow effectively

Duration

- 2 Days
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