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This course aims to demystify the accounting language so that you are in control of the financial performance of your business, helping you forecast for the future, evaluate your current efforts, and establish strategies to meet your goals.

Cashflow forecasting and planning sounds hard and can be really over complicated but for small and startup businesses it should not be hard. It's money into the business and money out of the business and do you have any money left after that? (In a nutshell)

🌟 Introducing: Cashflow Management in Crisis 🌟 In today's volatile economic landscape, businesses face unprecedented challenges. Uncertainty looms large, and the ability to navigate financial storms is paramount. 🌪️ But fear not! Our comprehensive course, 'Cashflow Management in Crisis,' is here to equip you with the essential skills to steer your organization through tumultuous times and emerge stronger than ever before.   🔍 Why Cashflow Management Matters Cashflow is the lifeblood of any business. It's the fuel that keeps operations running smoothly, empowers growth initiatives, and ensures financial stability. However, during times of crisis, maintaining healthy cashflow becomes even more critical. 📉 Fluctuating market conditions, unexpected disruptions, and evolving consumer behaviors can wreak havoc on cash reserves if not managed effectively.   💼 Benefits of Taking Our Course By enrolling in 'Cashflow Management in Crisis,' you'll unlock a treasure trove of knowledge and strategies tailored to safeguard your organization's financial health in turbulent times. Here's what you can expect to gain: Resilience: Learn how to build a robust financial framework that withstands the shocks of crisis situations. From contingency planning to risk mitigation strategies, you'll be well-prepared to navigate unforeseen challenges with confidence. Strategic Decision-Making: Acquire the tools and insights needed to make informed financial decisions in the face of uncertainty. Discover how to prioritize expenditures, optimize cashflow streams, and identify opportunities for cost-saving initiatives. Adaptability: Master the art of agility in financial management. Our course will empower you to quickly adapt your cashflow strategies to changing market dynamics, ensuring your business remains agile and responsive in turbulent times. Stakeholder Confidence: Gain the trust and confidence of investors, lenders, and other stakeholders by demonstrating a proactive approach to cashflow management. Learn how to communicate effectively about your financial health and strategic resilience, fostering stronger relationships and support networks. Long-Term Sustainability: Build a solid foundation for future growth and sustainability. By honing your cashflow management skills, you'll lay the groundwork for enduring success, positioning your organization to thrive in any economic climate.   🎯 Who is this for? Business Owners: Whether you're a startup entrepreneur or a seasoned CEO, mastering cashflow management is essential for steering your business through both calm waters and stormy seas. Finance Professionals: Accountants, financial analysts, and CFOs will benefit from gaining specialized insights into crisis cashflow management, enhancing their ability to protect and optimize their organization's financial resources. Entrepreneurs: As a visionary entrepreneur, staying ahead of financial challenges is crucial for realizing your business goals. This course will empower you to navigate crises with resilience and creativity, ensuring your ventures remain on the path to success.   🚀 Career Path Upon completing 'Cashflow Management in Crisis,' you'll be equipped with a highly sought-after skill set that opens doors to a variety of career opportunities, including: Financial Consultant: Help businesses of all sizes navigate financial challenges and optimize their cashflow management strategies. Risk Manager: Specialize in identifying and mitigating financial risks, ensuring organizations remain resilient in the face of uncertainty. Corporate Strategist: Guide strategic decision-making processes by providing valuable insights into cashflow dynamics and financial resilience. Don't let financial turbulence dictate the fate of your business. Enroll in 'Cashflow Management in Crisis' today and embark on a journey toward financial resilience and long-term success! 💰✨   🌟 Frequently Asked Questions (FAQ) 🌟 1. What is cashflow management, and why is it important? Cashflow management involves monitoring, analyzing, and optimizing the flow of cash in and out of a business. It's essential because cashflow is the lifeblood of any organization, impacting its ability to pay bills, invest in growth, and weather financial storms. 2. How does crisis impact cashflow? Crises, such as economic downturns, natural disasters, or unexpected market shifts, can disrupt normal business operations, affecting revenue streams, supply chains, and customer demand. These disruptions can lead to cashflow challenges, including delayed payments, decreased sales, and increased expenses. 3. What are some common cashflow management strategies? Common cashflow management strategies include maintaining adequate cash reserves, managing accounts receivable and accounts payable effectively, implementing cost-cutting measures, diversifying revenue streams, and establishing contingency plans for emergencies. 4. Who can benefit from taking a cashflow management course? Anyone involved in managing finances, whether in a business or personal capacity, can benefit from learning about cashflow management. This includes business owners, entrepreneurs, finance professionals, managers, and individuals seeking to improve their financial literacy. 5. How can cashflow management skills help during a crisis? Cashflow management skills are invaluable during a crisis as they enable businesses to anticipate and respond to financial challenges effectively. By understanding cashflow dynamics, implementing proactive strategies, and maintaining financial resilience, organizations can mitigate risks, seize opportunities, and emerge stronger from crises. 6. Is cashflow management relevant across different industries? Yes, cashflow management is relevant across all industries and sectors. While specific challenges may vary depending on the nature of the business, the principles of cashflow management remain universally applicable. 7. Can I apply cashflow management principles to personal finances? Absolutely! Many of the principles and strategies taught in cashflow management courses can be applied to personal finances. By budgeting effectively, managing expenses, saving for emergencies, and optimizing income streams, individuals can improve their financial stability and resilience. 8. How can I learn more about cashflow management in crisis situations? Enrolling in a comprehensive cashflow management course, such as 'Cashflow Management in Crisis,' is an excellent way to deepen your understanding and acquire practical skills for navigating financial challenges. Additionally, staying informed through books, online resources, and professional networks can further enhance your knowledge and expertise in this critical area.   Course Curriculum Chapter 1 Watching Birds Chapter 1 Watching Birds 00:00 Chapter 2 Equipment Chapter 2 Equipment 00:00 Chapter 3 Finding Different Types of Birds Chapter 3 Finding Different Types of Birds 00:00 Chapter 4 Finding and Feeding Birds Chapter 4 Finding and Feeding Birds 00:00 Chapter 5 Bird Grooming and Housing Chapter 5 Bird Grooming and Housing 00:00 Chapter 6 Landscaping Chapter 6 Landscaping 00:00

Follow your dreams by enrolling on the Financial Planning and Cashflow Management course today and develop the experience, skills and knowledge you need to enhance your professional development. Financial Planning and Cashflow Management will help you arm yourself with the qualities you need to work towards your dream job. Study the Financial Planning and Cashflow Management training course online with Janets through our online learning platform and take the first steps towards a successful long-term career. The Financial Planning and Cashflow Management course will allow you to enhance your CV, impress potential employers, and stand out from the crowd. This Financial Planning and Cashflow Management course consists of a number of easy to digest, in-depth modules, designed to provide you with a detailed, expert level of knowledge. Study the Financial Planning and Cashflow Management course through a mixture of instructional video lessons and online study materials. Receive online tutor support as you study the Financial Planning and Cashflow Management course, to ensure you are supported every step of the way. Get a digital certificate as proof of your Financial Planning and Cashflow Management course completion. Janets is one of the top online training course providers in the UK, and we want to make education accessible to everyone! Learn the essential skills you need to succeed and build a better future for yourself with the Financial Planning and Cashflow Management course. The Financial Planning and Cashflow Management course is designed by industry experts and is tailored to help you learn new skills with ease. The Financial Planning and Cashflow Management is incredibly great value and allows you to study at your own pace. With full course access for one year, you can complete the Financial Planning and Cashflow Management when it suits you. Access the Financial Planning and Cashflow Management course modules from any internet-enabled device, including computers, tablets, and smartphones. The Financial Planning and Cashflow Management course is designed to increase your employability and equip you with everything you need to be a success. Enrol on the Financial Planning and Cashflow Management now and start learning instantly! What You Get Out Of Studying Financial Planning and Cashflow Management With Janets Free PDF certificate upon successful completion of the Financial Planning and Cashflow Management Full one-year access to Financial Planning and Cashflow Management Course materials Instant assessment results with the Financial Planning and Cashflow Management No hidden fees with the Financial Planning and Cashflow Management Full tutor support available from Monday to Friday with the Financial Planning and Cashflow Management Study the Financial Planning and Cashflow Management at your own pace Benefit from instant feedback through mock exams and multiple-choice assessments Gain a complete understanding of Financial Planning and Cashflow Management Accessible, informative modules taught by expert instructors Get 24/7 help or advice from our email and live chat teams with the Financial Planning and Cashflow Management Study the Financial Planning and Cashflow Management in your own time through your computer, tablet or mobile device Improve your chance of gaining professional skills and better earning potential by completing the Financial Planning and Cashflow Management Description  The Financial Planning and Cashflow Management training course is delivered through Janets' online learning platform. Access the Financial Planning and Cashflow Management content from any internet-enabled device whenever or wherever you want to. The Financial Planning and Cashflow Management course has no formal teaching deadlines, meaning you are free to complete the course at your own pace. Method of Assessment  To successfully complete the Financial Planning and Cashflow Management course, students will have to take an automated multiple-choice exam. This exam will be online and you will need to score 60% or above to pass the Financial Planning and Cashflow Management course. After successfully passing the Financial Planning and Cashflow Management course exam, you will be able to apply for a CPD-accredited certificate as proof of your Financial Planning and Cashflow Management qualification. Certification All students who successfully complete the Financial Planning and Cashflow Management course can instantly download their digital certificate. You can also purchase a hard copy of the Financial Planning and Cashflow Management course certificate, which will be delivered by post for £9.99. Who Is This Course For: The Financial Planning and Cashflow Management is ideal for those who already work in this sector or are an aspiring professional. This Financial Planning and Cashflow Management course is designed to enhance your expertise and boost your CV. Learn key skills and gain a professional qualification to prove your newly-acquired knowledge. Requirements: The Financial Planning and Cashflow Management is open to all students and has no formal entry requirements. To study the Financial Planning and Cashflow Management course, all your need is a passion for learning, a good understanding of English, numeracy, and IT skills. You must also be over the age of 16. Career Path: The Financial Planning and Cashflow Management is ideal for anyone who wants to pursue their dream career in a relevant industry. Learn the skills you need to boost your CV and go after the job you want. Complete the Financial Planning and Cashflow Management and gain an industry-recognised qualification that will help you excel in finding your ideal job. Course Content Personal Finance Calculations Calculating Your Net Worth 00:01:00 Calculating Your Real Hourly Wage 00:02:00 Expenses for Life Energy 00:02:00 Calculating a Monthly Budgeting 00:05:00 Saving for Retirement Paying Off Debt 00:02:00 Build an Emergency Fund 00:02:00 Personal Savings 00:04:00 401K Basics 00:03:00 Asset Allocation 00:04:00 Investment Strategies 00:03:00 Advice on Financial Advisors 00:01:00 3h-Questions-About-Investing 00:15:00 Building Credit to Buy a Home FICO Score 00:09:00 Starting Credit 00:03:00 Increasing Credit Score 00:02:00 Owning vs. Renting 00:02:00 Types of Mortages 00:03:00 Personal Finance Guides for Beginners Advice to Teenagers 00:04:00 Guide to Buying a Car 00:05:00 Cashflow Management Forecasting 00:20:00 What is Cashflow? 00:20:00 Planning and Management9 00:10:00 Planning Part 2 00:12:00 Where it can go Wrong 00:09:00 Personal Cashflow Analysis 00:05:00 Personal Cashflow Analysis my Numbers Story 00:06:00 Debt 00:10:00 Budgets and Money Management Finance Jeopardy 00:15:00 The Fundamentals of Finance 00:15:00 The Basics of Budgeting 00:15:00 Parts of a Budget 00:15:00 The Budgeting Process 00:30:00 Budgeting Tips and Tricks 00:15:00 Monitoring and Managing Budgets 00:15:00 Crunching the Numbers 00:15:00 Getting Your Budget Approved 00:15:00 Comparing Investment Opportunities 00:15:00 ISO 9001:2008 00:15:00 Directing the Peerless Data Corporation 00:30:00 Assessment Assignment - Financial Planning and Cashflow Management 00:00:00 Frequently Asked Questions Are there any prerequisites for taking the course? There are no specific prerequisites for this course, nor are there any formal entry requirements. All you need is an internet connection, a good understanding of English and a passion for learning for this course. Can I access the course at any time, or is there a set schedule? You have the flexibility to access the course at any time that suits your schedule. Our courses are self-paced, allowing you to study at your own pace and convenience. How long will I have access to the course? For this course, you will have access to the course materials for 1 year only. This means you can review the content as often as you like within the year, even after you've completed the course. However, if you buy Lifetime Access for the course, you will be able to access the course for a lifetime. Is there a certificate of completion provided after completing the course? Yes, upon successfully completing the course, you will receive a certificate of completion. This certificate can be a valuable addition to your professional portfolio and can be shared on your various social networks. Can I switch courses or get a refund if I'm not satisfied with the course? We want you to have a positive learning experience. If you're not satisfied with the course, you can request a course transfer or refund within 14 days of the initial purchase. How do I track my progress in the course? Our platform provides tracking tools and progress indicators for each course. You can monitor your progress, completed lessons, and assessments through your learner dashboard for the course. What if I have technical issues or difficulties with the course? If you encounter technical issues or content-related difficulties with the course, our support team is available to assist you. You can reach out to them for prompt resolution.

Master the art of financial foresight with our Cashflow Forecasting course! This practical and insightful program is designed to provide individuals and businesses with the essential skills and knowledge needed to accurately project and manage cashflow. Whether you're a business owner, finance professional, or simply looking to gain a better understanding of financial planning, this course will equip you with the tools to confidently navigate the financial landscape.

Embark on a financial odyssey as you delve into the heart of fiscal mastery with our Cashflow Management and Forecasting course. In Module 01, we unfurl the canvas of financial landscapes, introducing you to the intricacies of cashflow and the artistry of forecasting. Imagine navigating the financial sea with precision, planning, and management skills honed to perfection. This isn't just a course; it's your passport to financial wisdom. Module 02 takes you on a voyage where we explore the potential pitfalls, conducting a personal cashflow analysis that transforms numbers into a compelling narrative. Brace yourself for a conclusion that isn't just an end; it's a beginning-an initiation into a world where financial empowerment is your new reality. Learning Outcomes Grasp the fundamentals of cashflow and its pivotal role in financial landscapes. Acquire the art of financial forecasting, turning uncertainty into a strategic advantage. Master planning and management techniques for effective cashflow control. Identify potential pitfalls in cashflow management and implement preventive measures. Conduct a personalized cashflow analysis, translating numbers into a coherent financial story. Why choose this Cashflow Management and Forecasting course? Unlimited access to the course for a lifetime. Opportunity to earn a certificate accredited by the CPD Quality Standards and CIQ after completing this course. Structured lesson planning in line with industry standards. Immerse yourself in innovative and captivating course materials and activities. Assessments designed to evaluate advanced cognitive abilities and skill proficiency. Flexibility to complete the Course at your own pace, on your own schedule. Receive full tutor support throughout the week, from Monday to Friday, to enhance your learning experience. Unlock career resources for CV improvement, interview readiness, and job success. Who is this Cashflow Management and Forecasting course for? Entrepreneurs seeking financial mastery for business sustainability. Individuals aiming to enhance personal financial management skills. Finance professionals aspiring to sharpen their forecasting acumen. Small business owners eager to navigate the financial landscape with confidence. Students and enthusiasts keen on unlocking the secrets of cashflow control. Career path Financial Analyst: £30,000 - £45,000 Business Consultant: £25,000 - £40,000 Entrepreneur: Earnings Vary Based on Business Success Financial Planner: £35,000 - £55,000 Small Business Owner: Earnings Vary Based on Business Success Accounting Manager: £35,000 - £50,000 Prerequisites This Cashflow Management and Forecasting does not require you to have any prior qualifications or experience. You can just enrol and start learning.This Cashflow Management and Forecasting was made by professionals and it is compatible with all PC's, Mac's, tablets and smartphones. You will be able to access the course from anywhere at any time as long as you have a good enough internet connection. Certification After studying the course materials, there will be a written assignment test which you can take at the end of the course. After successfully passing the test you will be able to claim the pdf certificate for £4.99 Original Hard Copy certificates need to be ordered at an additional cost of £8. Course Curriculum Module 01 Introduction 00:03:00 What is Cashflow? 00:08:00 Forecasting 00:10:00 Planning and Management 00:08:00 Planning Part 2 00:12:00 Module 02 Where it can go Wrong 00:09:00 Personal Cashflow Analysis 00:05:00 Personal Cashflow Analysis my Numbers Story 00:06:00 Debt 00:10:00 Conclusion 00:04:00

Are you ready to embark on an enlightening journey of wisdom with the Financial Wellness & Cashflow Management bundle, and pave your way to an enriched personal and professional future? If so, then Step into a world of knowledge with our bundle - Financial Wellness & Cashflow Management. Delve into eight immersive CPD Accredited courses, each a simple course: Course 1: Financial Wellness: Managing Personal Cash Flow Course 2: Financial Advisor Course 3: Understanding Financial Statements and Analysis Course 4: Introduction to Accounting Course 5: Making Budget & Forecast Course 6: Pension UK Course 7: Tax Accounting Course 8: Introduction to VAT Traverse the vast landscapes of theory, unlocking new dimensions of understanding at every turn. Let the Financial Wellness & Cashflow Management bundle illuminate your path to wisdom. The Financial Wellness & Cashflow Management bundle offers a comprehensive exploration into a rich tapestry of vast knowledge across eight carefully curated courses. The journey is designed to enhance your understanding and critical thinking skills. Each course within the bundle provides a deep-dive into complex theories, principles, and frameworks, allowing you to delve into the nuances of the subject matter at your own pace. In the framework of the Financial Wellness & Cashflow Management package, you are bestowed with complimentary PDF certificates for all the courses included in this bundle, all without any additional charge. Adorn yourself with the Financial Wellness & Cashflow Management bundle, empowering you to traverse your career trajectory or personal growth journey with self-assurance. Register today and ignite the spark of your professional advancement! So, don't wait further and join the Financial Wellness & Cashflow Management community today and let your voyage of discovery begin! Learning Outcomes: Upon completion of the Financial Wellness & Cashflow Management Bundle, you will be able to: Attain a holistic understanding in the designated areas of study with the Financial Wellness & Cashflow Management bundle. Establish robust bases across each course nestled within the Financial Wellness & Cashflow Management bundle. Decipher intricate concepts through the articulate content of the Financial Wellness & Cashflow Management bundle. Amplify your prowess in interpreting, scrutinising, and implementing theories. Procure the capacity to engage with the course material on an intellectual and profound level. Become proficient in the art of problem-solving across various disciplines. Stepping into the Financial Wellness & Cashflow Management bundle is akin to entering a world overflowing with deep theoretical wisdom. Each course within this distinctive bundle is an individual journey, meticulously crafted to untangle the complex web of theories, principles, and frameworks. Learners are inspired to explore, question, and absorb, thus enhancing their understanding and honing their critical thinking skills. Each course invites a personal and profoundly enlightening interaction with knowledge. The Financial Wellness & Cashflow Management bundle shines in its capacity to cater to a wide range of learning needs and lifestyles. It gives learners the freedom to learn at their own pace, forging a unique path of discovery. More than just an educational journey, the Financial Wellness & Cashflow Management bundle fosters personal growth, enabling learners to skillfully navigate the complexities of the world. The Financial Wellness & Cashflow Management bundle also illuminates the route to a rewarding career. The theoretical insight acquired through this bundle forms a strong foundation for various career opportunities, from academia and research to consultancy and programme management. The profound understanding fostered by the Financial Wellness & Cashflow Management bundle allows learners to make meaningful contributions to their chosen fields. Embark on the Financial Wellness & Cashflow Management journey and let knowledge guide you towards a brighter future. CPD 80 CPD hours / points Accredited by CPD Quality Standards Who is this course for? Individuals keen on deepening their firm understanding in the respective fields. Students pursuing higher education looking for comprehensive theory modules. Professionals seeking to refresh or enhance their knowledge. Anyone with a thirst for knowledge and a passion for continuous learning. Requirements Without any formal requirements, you can delightfully enrol in this Financial Wellness & Cashflow Management Bundle. Career path Armed with the Financial Wellness & Cashflow Management bundle, your professional journey can reach new heights. The comprehensive theoretical knowledge from this bundle can unlock diverse career opportunities across several fields. Whether it's academic research, consultancy, or programme management, the Financial Wellness & Cashflow Management bundle lays a solid groundwork. Certificates CPD Certificate Of Completion Digital certificate - Included 8 Digital Certificates Are Included With This Bundle CPD Quality Standard Hardcopy Certificate (FREE UK Delivery) Hard copy certificate - £9.99 Hardcopy Transcript: £9.99

The Cashflow Management and Forecasting course teaches you how to manage personal finances better. Throughout the course, you will learn to create a sales forecast, and able to maintain your own personal flow. The course also shows you how to reduce debt to improve your flow. The course explains two things: Sales forecasting and Cashflow management. You will learn about cash flow and know in which cash flows into you, improvements to the cash flow, and the common cash flow problems. The course is best for the people who are currently working in the accounts or finance department or want to obtain the career of an accountant. Upon completion, you will be able to create cash flow forecasts and report back to the owners of the firm. In short, the course teaches you to forecast and manage the cash flow. What Will I Learn? By the end of the course, you will be able to forecast and manage the cash flow Manage personal finances better Requirements You'll need to be prepared to dig out your own bank statements (last 3 months min) so that you can fill in the template No previous accounting or finance knowledge required or assumed Module 01 Introduction FREE 00:03:00 What is Cashflow? 00:08:00 Forecasting FREE 00:10:00 Planning and Management 00:08:00 Planning Part 2 00:12:00 Module 02 Where it can go Wrong 00:09:00 Personal Cashflow Analysis 00:05:00 Personal Cashflow Analysis my Numbers Story 00:06:00 Debt 00:10:00 Conclusion 00:04:00

Description: Want to improve your cash flow? or want to forecast your sales? Join the Flow Management and Forecasting course and learn to manage your flow and know how to reduce debt for improving your cash flow. The course is devoted to cashflow management. At first, you will learn the necessary concepts about forecasting. Next, the course explains cash flow, cash flow planning and management, dealing with the debt problem, improvements to the cash flow, cash flow problems, managing personal cash flow, and more. You will learn how to reduce your debt to improve the cash flow situation. The course shows you which cash flows on you. Finally, you will learn to amalgamate the superior knowledge in forecasting sales and to manage your flow. Upon completion, you will be able to manage your finances better. Who is the course for? Business owners, students of accountancy/ finance/bookkeeping, budding finance directors and management accountants Individuals who want to manage their personal cashflows better Entry Requirement: This course is available to all learners, of all academic backgrounds. Learners should be aged 16 or over to undertake the qualification. Good understanding of English language, numeracy and ICT are required to attend this course. Assessment: At the end of the course, you will be required to sit an online multiple-choice test. Your test will be assessed automatically and immediately so that you will instantly know whether you have been successful. Before sitting for your final exam, you will have the opportunity to test your proficiency with a mock exam. Certification: After completing and passing the course successfully, you will be able to obtain an Accredited Certificate of Achievement. Certificates can be obtained either in hard copy at a cost of £39 or in PDF format at a cost of £24. Why choose us? Affordable, engaging & high-quality e-learning study materials; Tutorial videos/materials from the industry leading experts; Study in a user-friendly, advanced online learning platform; Efficient exam systems for the assessment and instant result; The UK & internationally recognised accredited qualification; Access to course content on mobile, tablet or desktop from anywhere anytime; The benefit of career advancement opportunities; 24/7 student support via email. Career Path: After completing this course you will be able to build up accurate knowledge and skills with proper confidence to enrich yourself and brighten up your career in the relevant job market. Introduction to the course Introduction FREE 00:03:00 Forecasting Forecasting 00:07:00 Cashflow Management What is Cashflow? 00:05:00 Planning and Management 00:08:00 Planning Part 2 00:12:00 Where it can go Wrong 00:09:00 Personal Cashflow Analysis 00:05:00 Personal Cashflow Analysis my Numbers Story 00:06:00 Debt 00:10:00 Concluding lecture Conclusion 00:04:00 Certificate and Transcript Order Your Certificates and Transcripts 00:00:00

In today's competitive business world firms are under unprecedented pressure to deliver value to their shareholders and other key stakeholders. Senior executives in all parts of the organisation are finding that they need some degree of financial know how to cope with the responsibility placed on them as business managers and key decision-makers; monitoring and improving business performance, investing in capital projects, mergers and acquisitions: all require some degree of financial knowledge. The key financial skills are not as difficult to learn as many people believe and in the hands of an experienced senior executive they can provide a formidable competitive advantage. After completing this course delegates will be able to: Understand fundamental business finance concepts; understand, analyse and interpret financial statements: Profit Statement, Balance Sheet and Cashflow Statement Understand the vital difference between profit and cashflow; identify the key components of working capital and how they can be managed to generate strong cashflow Evaluate pricing decisions based on an understanding of the nature of business costs and their impact on gross margin and break-even sales; managing pricing, discounts and costs to generate strong business profits; understand how lean manufacturing methods improve profit Use powerful analytical tools to measure and improve the performance of their own company and assess the effectiveness of their competitors Apply and interpret techniques for assessing and comparing investment opportunities in capital projects, business acquisitions and other ventures; understand and apply common methods of business valuation Understand the role of business finance in formulating and implementing competitive business strategy; the role of budgeting as part of the planning process and the various approaches to budgeting and performance measurement 1 Basic principles Delivering value to key stakeholders Accounting concepts, GAAP, IFRS and common terms Understanding and using the balance sheet Understanding and using the profit statement Recognising the vital difference between profit and cashflow Understanding and using the cashflow statement What financial statements can and cannot tell us 2 Managing and improving cashflow Sources of finance and their advantages and disadvantages What is working capital and why is it so important? Managing stocks, debtors and creditors Understanding how working capital drives business growth Understanding and avoiding the over-trading trap Unlocking the funds tied up in fixed assets: asset backed loans and leasing 3 Managing and improving profit Understanding how profits generate cashflow The fundamental nature of costs: fixed and variable business costs Understanding gross margin and break-even How common pricing methods affect gross margin and profit Effective strategies to improve gross margin Using value chain analysis to reduce costs Lean manufacturing methodsUnderstanding Just-in-time, 6 Sigma and Kaizen methods Improving profitEffective and defective strategies 4 Measuring and managing business performance Measures of financial performance and strength Investor behaviour: the risk and reward relationship Return on investment (ROI): the ultimate measure of business performance How profit margin and net asset turnover drive return on net assets Why some companies are more profitable that others Understanding competitive advantage: cost and differentiation advantage Why great companies failWhat happened to Kodak? Using a 'Pyramid of Ratios' to improve business performance Using Critical Success Factors to develop Key Performance Indicators 5 Budgeting and forecasting methods Using budgets to support strategy Objectives and methods for effective budgets Using budgets to monitor and manage business performance Alternative approaches to budgeting Developing and implementing Balanced Scorecards Beyond Budgeting Forecasting methods and techniques Identifying key business drivers Using rolling forecasts and 'what-if' models to aid decision-making