| Business and Financial Literacy Training
Finance, accounting and money - these make
up the language of business. Knowing how your organization makes money,
having a working knowledge of financial statements, and being conversant
with financial terms are all necessary skills for effective business
management, regardless of the organization's type or size. These workshops
will make you comfortable with financial concepts and help you use
financial information to make informed decisions.
Financial transparency is about
knowing the score, which is a good start. But financial literacy
is about understanding the score. We can give your leadership team
and your rank-and-file staff the skills they need to help your
business succeed - to know, understand and actually change the
score.
These workshops:
- are interactive to maintain interest
from start to finish
- use easily-understood examples
- are not dry and boring ... we actually
have some fun!
- are conducted from a real-world,
nuts-and-bolts level. No accountant-speak!
BizLit™ 101 - Half Day
Intro to Finance & Accounting
for Non-Financial Managers
An introductory business literacy class.
Covers basic business finance and the 3 main financial statements. This
workshop is primarily directed at non-finance management-level people who
have had some exposure to financial terminology.
At the end of this class you will be able
to:
- identify, read and use the 3 main
financial statements: Income statement, balance sheet and cash flow
statement
- explain how the 3 main statements
impact each other
- focus on the numbers that really
matter in reports and on financial statements
- explain the difference between profit
and cash
BizLit™ 102 - Half Day
Intro to Financial Analysis & Reporting
for Non-Financial Managers
A more advanced business literacy class which builds on the
concepts learned in BizLit™ 101. In this workshop, you'll learn how
to use financial data, reports and information to address and communicate
problems and opportunities more effectively, and to make better business
decisions.
This workshop is primarily directed at
non-finance management-level people who have had a moderate amount of
exposure to financial terminology, and who work with various business
reports and data. BizLit™ 101 is a perfect way to prepare for this
workshop.
At the end of this class you will be able
to:
- identify the difference between data
and information
- present reports and plans in solid
financial terms
- determine your business' break-even
point
- prepare a budget
- use ratios, benchmarking and other
approaches to analyze financial results in various ways
- create a "dashboard" for your
operation using a mix of financial and operational key performance
indicators
"Know Your Numbers"
Half-Day Workshop for Business Owners & Managers
Business owners work hard, hoping their
efforts will eventually lead to wealth or financial freedom. But it takes
more than hard work. It takes knowledge and a laser focus on the necessary
numbers that keep you headed in the right direction.
- The 13 most important financial
numbers & ratios
- How to find, calculate and use them to
improve your business
- Bring your financial statements -
Compare your numbers to your own industry’s benchmarks!
- Includes a workbook
This is more than a seminar ... it's a
workshop. Bring your last two year's financials (income statement and
balance sheet) and a calculator, and come prepared to roll up your sleeves
and get to work!
We'll walk you through the most important
numbers on the income statement and on the balance sheet ... what each one
means to your business, impact on cash flow and more.
As you calculate your ratios and numbers,
you'll compare your results to your industry benchmarks and see how you
stack up.
You will return to your business with a
new-found confidence to read your financial statements, calculate how
efficiently your workforce is being utilized, and analyze your overall
business health.
Don't delegate or ignore the most
important part of your business. Learn these skills and use them to become
one of the top companies in your market.
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