MAJOR OBJECTIVE
To provide entrepreneurs with the financial knowledge necessary for running a business effectively from day to day.
TRAINING METHODOLOGY
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.
DURATION
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.
TOOLKIT:
Useful Budget, Cash Flow and Petty Cash templates, Depreciation Rate tables, Websites, Tax Tips etc.
Section 1Return on Investment
Lecture 1Starting a Business
Lecture 2Business Entities
Lecture 3Business Planning
Lecture 4Raising Capital
Section 2Key Financial Reports
Lecture 5The Income Statement
Lecture 6The Balance Sheet
Lecture 7The Balance Sheet
Section 3Asset Management and Cash Flow
Lecture 8Managing Non-Current Assets
Lecture 9Managing Stock
Lecture 10Managing Debtors
Lecture 11Cash Flow Forecasting