0345 4506120

Business Friendly Finance

Course Details

Name Business Friendly Finance
Description
URL
Location:
Nottingham
Start Date:
Working Days:
Price:
£249.00 +vat
Availability:
Exam:
Residential:
Course ID:
481549

Overview

This course is aimed at non financial managers and others in positions where an understanding of finance will help them be more effective in their main role. It is designed to demystify financial jargon and introduce the key financial statements, how to interpret them and how to use them to obtain essential business information.

The course then moves to areas which are most likely to be used frequently by delegates: How to work out cost and profit, how to plan and measure budgets, how to establish true costs to maximise profit, and finally options for price setting in order to achieve company objectives.

The course aims to give delegates a practical knowledge of finance which will help them make more informed decision and be conversant with areas of financial theory which can be used in their daily activities.

CPD Value 3 Hours

Learning Objectives

  • A firm understanding of finance and how it can be used by managers in non – financial roles.
  • Explanation of key financial statements and practice using the information they contain.
  • Techniques for assessing true cost and developing profitable pricing strategies.
  • Practical advice on using financial information for internal management and reporting

Course Content

09:00 – 9:30              Coffee and Course Introduction

09:30 – 10:30             Finance In The Business Context

10:30 – 11:15              Reading and Understanding Financial Reports

11:15 – 11:20              Using Financial Data: Essential Business Ratios

11:20 - 11:35              Coffee break

11:35 – 11:55              Establishing Profit and Cost

11:55 -  12:15              Planning and Budgeting

12:15 -  12:45              Making a Profit, Working Out True Cost. Effective Pricing

12:45                           Summary, Questions and Plans

Nottingham

Description:

Village Hotel Club Nottingham situated 5 minutes drive from Junction 25 of the M1, 13 Minutes drive from Nottingham City Centre.
It has a large free car park, WIFI throughout all areas and unlimited hot and cold refreshments served in the Hub Cafe along with a hot restaurant lunch.

Location:

Village Hotel Club Nottingham
Brailsford Way
Chilwell
NG9 6DL

 

Directions:

By Road:
From Junction 25 of the M1 via Brian Clough Way
Take the A52 to Toton, continue on the B6003 take Swiney way to Brailsford way.
From Nottingham City
Head South on Carrington Street towards Queensbridge Road
Take A453 onto Queens Road
Take A6005 to Barton Lane for 6.7miles and then onto Brailsford Way

By Train:

Take East Midlands train from Nottingham Main Station to Attenborough Train Station Beeston.  11mins

Our Customers Include