To provide entrepreneurs with the financial knowledge necessary for running a business effectively from day to day.
Module A: Return on Investment
Starting a Business – Business Entities; Business Planning; Raising Capital
Return on Assets and Business Productivity
Module B: Key Financial Reports
The Income Statement
The Balance Sheet
Monthly Management Accounts – Critical Information Required
Module C: Asset Management and Cash Flow
Managing Non-Current Assets
Managing Debtors – Implications of the National Credit Act
Cash Flow Forecasting
Toolkit: Useful Budget, Cash Flow and Petty Cash templates; Depreciation Rate tables; Websites; Tax Tips; etc.
Input from the course leader assist learners to relate the theory to practical examples from their own business. Comprehensive workbook with case studies and practical examples. Group work where information is debated and shared.
Course duration is two days. Presented in-company.
FOR WHOM INTENDED
Entrepreneurs who are considering starting up a business or who may already be in business and need to know the absolute essential of day-to-day financial controls. The programme runs at NQF Level 3.