Thursday, 24 November 2011

Financial Fitness - Top tips for anyone in business

What are the top tips for financial fitness for anyone in business?
Here are 5 key areas to understand - if you are in business, these are essential to grasp.

  1. Why is making profit not good enough in running a successful business? Understand the difference between profit and cash - it will make the difference between success and failure!
  2. What are the 3 key messages to understand from a set of accounts? Read the Balance Sheet and Profit & Loss account more effectively
  3. Speak the language of finance - how to demystify the jargon!
  4. How do you drive the implementation of your strategy? Make your reporting process ensure you achieve your business goals. 70% of businesses don't!
  5. How do lenders decide to lend or how do investors really value your company? What does influence them? How can you convince them of the investment case for your business?
Each topic will be tackled over the next 5 blogs - sign up now!

We also offer courses which will help you gain this knowledge - see our
 Understanding Finance & Accounts course,
SME business workshop,
Effective Management Reporting workshop

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