Financial Management (Advanced) Workshop

A Financial Management (Advanced) Workshop is taking place on 22nd Nov 2022 9.30am - 12.30pm.

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Build on existing knowledge and practices embedded within your SME and learn new improved systems and strategies to empower greater financial decision making.

Many SME owners can find themselves running a business without any formal business qualification and subsequently lack the skills and confidence to make important business decisions. Good financial literacy is essential in any organisation and especially for SMEs that are looking to expand and compete in this increasingly complex commercial world.

Business owners who are knowledgeable and understand their finances will be able to make informed decisions about the future of their business and prepare for any challenges or opportunities that may arise.

Having good financial literacy and the skills and confidence to make important business decisions will impact your ability to raise finance, forecast accurately, scale and prevent practices which often lead to failure.

This 3 hour workshop is designed to build on the existing knowledge and practices embedded within SME's and to challenge owner managers to adopt new improved systems and strategies to empower greater financial decision making.

Financial Management (Advanced) Workshop

• Assess your current Finance Process
• Relate to Best Practices in reporting, budgeting and forecasting
• Identify trends in the numbers for future planning
• Find underperforming parts of the business
• Make real time informed decisions
• Determine gaps in financial literacy and create a plan to increase knowledge in key areas
• Assess areas of financial risk and be prepared for challenges / opportunities
• Prepare Financial KPIs for ongoing review or discussion with lenders
• Create a Financial Dashboard made up of the key indicators that are important to keep an eye to for business growth and success

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