Training Courses

Understanding Business Finance and Accounts

This course is designed to help people with a non-financial background to understand the basic concepts of accounting and finance, such as the difference between cash and profit, financial forecasts, balance sheets and getting the best from their banking relationship.

The course will not turn you into an accountant but it will give you an understanding of the key issues so that you are better able to manage your business and will be confident when dealing with your own accountant or bank manager.

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We run this course on an individual or group basis and can tailor the course to a specific franchise if required. To find out more about our training courses and the costs involved, contact us.

Topics covered include:

Understanding Accounts
  • Why do we need accounts?
  • What is a Balance Sheet?
  • How do we measure profit?
  • The differences between Cash and Profit
Managing a Business
  • Working Capital
  • Monitoring Performance
  • Using Ratios
Preparing Projections
  • Profit & Loss Forecast
  • Cash Flow Forecast
  • Projected Balance Sheet
Understanding Banks
  • Borrowing Money
  • Improving the Relationship
  • Enterprise Finance Guarantee Scheme

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