Finance for Non Financial Managers Training Course
Details
This course is suitable for managers and others in finance related roles:
- with some or no financial knowledge
- who need to understand the financial implications of every day decision making
- who need to increase profitability and performance of their business
• Understand fundamental business finance concepts
• Understand the vital difference between profit and cashflow
• Evaluate pricing decisions
• Use powerful analytical tools to measure performance of their own company and competitors
• Understand the role of business finance in formulating and implementing competitive strategy
Business and finance fundamentals
The objectives of the firm: delivering value to shareholders and key stakeholders
Understanding the drivers of shareholder return
Who uses financial statements and why
Basic principles
Understanding business funds flow
Understanding and using the balance sheet
Understanding and using the profit statement
Recognising the vital difference between profit and cashflow
Understanding and using the cashflow statement
What financial statements can and cannot tell us
Managing and improving cashflow
What is working capital and why is it so important?
Understanding how working capital drives business growth
Understanding and avoiding the over-trading trap
Managing and improving business cashflow
Managing and improving profit
Understanding how profits generate cashflow
The fundamental nature of costs: fixed and variable business costs
Understanding gross margin and break-even
How common pricing methods affect gross margin and profit
Improving profit – effective and defective strategies
Managing business performance
The business planning cycle
Using budgets to support business strategy
Monitoring and managing financial performance
Using a ‘Pyramid of Ratios’ to manage business performance
Understanding and using key performance indicators
Measuring and managing business performance
Measures of financial performance and strength
Investor behaviour: the risk and reward relationship
Return on investment (ROI): the ultimate measure of business performance
How profit margin and net asset turnover drive return on net assets
Why some companies are more profitable than others
Why great companies fail – what happened to Kodak?
Best STL seeks to provide unrivalled value and quality service, enabled by our unique business model.
We offer a wide range of business application and management training courses. Best STL (formerly Best Training) have been offering Microsoft training courses since 1992.
We are the number 1 provider for MS Office training and consultancy in the UK offering London's largest schedule of genuine dates (414 as of 7:50pm Wed).
Our 98%+ recommendation rate endorses our approach to long-term mutually beneficial relationships.
We offer training at all levels from assisting with rollouts & upgrades to Office 2013, Office 365 & Office 2010 and all skill levels, from beginners to advanced and beyond. If that's not enough we're happy to offer tailored training sessions to meet your needs precisely.
Our training team are also experienced in running Training Needs Analysis (TNA), bespoke course development for performance led training, project managed Training Rollouts and consultancy services.
We don't just train Microsoft Office, we also offer VBA, Data analysis & reporting, as well as Excel financial modelling courses, and more besides. So browse our schedule to see what we can do for you. If you don't see what you're after, get in touch. ...