0345 4506120

Business Friendly Finance

Course Details

Name Business Friendly Finance
Description
URL
Location:
Manchester
Start Date:
Working Days:
Price:
£249.00 +vat
Availability:
Exam:
Residential:
Course ID:
502153

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

Manchester

Location:

De Vere Cheadle House
Cheadle Royal Business Park
SK8 3FS

 

Directions:

By Road:

From the M60

Exit at Junction 3 and take the A34 (dual carriageway) signed to Cheadle and Cheadle Royal. 

Continue through the first set of traffic lights, then take the first exit from the A34 signed to Cheadle Royal. At the roundabout take the 4th exit onto Cheadle Royal Business Park. Continue along this road where you will pass David Lloyd Leisure on the left. Cheadle House is located on the right hand side. Park inside the barrier car park. 

From the M56

Exit at Junction 5 signposted to the Airport. Take the left hand lane following signs for Terminal 2.

At roundabout go straight on, signposted A5166, Wimslow. At next junction follow signs for All Traffic. At round-a-bout follow sign for A5166 Cheadle. 

At the first set of traffic lights (facing Manchester International Office Centre) turn left towards Heald Green. At the next set of traffic lights, turn right towards Heald Green and Cheadle, passing Heald Green railway station (Finney Lane). 

Continue for 1.5 miles until the next set of traffic lights and turn left. Go straight over the first roundabout and left at the second, into Cheadle Royal Business Park. Follow the main road, go straight over the next mini roundabout and Cheadle House in on the right. 

Park inside the barrier car park. 

From the M6 northbound

Exit at Junction 19. Take the A556 through Mere Turn right onto the M56. Follow the instructions above.

By Rail 15 minutes drive to either Stockport or Wilmslow stations. (Both InterCity lines) 

If you require a taxi please contact our reception team: 0844 980 2303

Our Customers Include