Overview
To make informed decisions, effectively manage resources, minimise risks, access capital and plan for the future, business owners require a foundational understanding of financial literacy and capability. In this workshop, you will gain a comprehensive understanding of business planning, including activity-based budgeting techniques, to set clear goals and strategies for your business’s future direction.
You’ll also delve into the intricacies of financial management through the analysis of profit and loss statements, balance sheets, and cash flow forecasting. Explore the implementation of control systems with digitalised solutions, enabling you to monitor and manage critical aspects of your business for enhanced efficiency and precision.
For this workshop, you will need to bring a laptop to complete activities.
Main topics covered
- Business planning concepts including activity-based budgeting.
- Understanding profit and loss reports, balance sheets and cash flow forecasting.
- Practical strategies to keep track of your business finances.
Who it’s for
This workshop is for business owners who struggle with their financial literacy and understanding their numbers.
About the presenter
Elect Training and Consulting is a respected provider of workplace training and business skills. This workshop will be facilitated by Clinton Cheng from Versatile Services Pty Ltd. Clinton is a Chartered Accountant, Chartered Financial Analyst and Chief Financial Officer with 20 years of experience in Financial Management.
Cost
$20
This workshop is offered at a reduced cost thanks to substantial funding from the Government of Western Australia.
What's included
- Access to the live workshop
- A recording of the workshop which you can access for up to seven days post event (online workshops only)
- Copies of any resources shared with attendees
When and where
Click on the book now button for more details about this workshop.
