Finance for Entrepreneurs & Small Businesses
- Description
- Curriculum
- FAQ
- Reviews
This workshop will provide entrepreneurs and small business owners with the key financial knowledge to ensure that their businesses succeed financially. We will teach the ‘language’ of finance – helping you to read and interpret financial information and to make informed operational judgements and decisions to maximise the financial success of your business venture.
-
2
The Need for Financial FluencyWhy it is important that we become fluent in business finance, even if we are not in the finance team
-
3
How a Company is Financially Structured
How a company is financially structured
-
4
How a Company Trades
-
5
The Business Cycle
How the money flows in business
-
6
How a Company is Financed
Examining the pros & cons of debt v equity in financing a business
-
7
Module 1 - Review Quiz10 multiple choice questions to test your knowledge and understanding of Module 1
-
8
The Income Statement
Identifying the key elements of the Income Statement (or Profit & Loss Account)
-
9
The Balance Sheet
Identifying the 5 key elements of the Balance Sheet
-
10
Capital
How the Balance Sheet identifies the sources and application of Capital for a business
-
11
Movement in Equity
Reconciling the Profit in the Income Statement to the Movement in Equity on the Balance Sheet
-
12
The Cash Flow Statement
Identifying the key elements of the Cash Flow Statement
-
13
Cash Flow Statement Reconciliation
Linking the Profit from the Income Statement to the movement in Cash on the Balance Sheet via the Cash Flow Statement
-
14
Module 2 - Review Quiz
10 Multiple Choice questions to test your understanding and knowledge of the concepts covered in Module 2
-
15
Profitability Margins
How to undertake basic profitability margin analysis
-
16
EBITDA
Understand what EBIT and EBITDA are and why they might be important measures in a business
-
17
ROCE
Understand how to calculate the Return on Capital Employed
-
18
Operational Gearing
Understand the relationship between Fixed and Variable Costs and how these affect a company's price sensitivity
-
19
Asset Turnover
How to measure the Efficiency of a business
-
20
Du Pont Analysis 1
Examining the relationship between Efficiency, Profitability and the ROCE
-
21
Module 3 - Review Quiz
10 Multiple Choice questions to test your knowledge and understanding of Module 3
-
22
Debt & Leverage
Examining the use of Debt to fund a business and the effect of that debt via Leverage
-
23
Interest Cover
Understand the importance of the affordability of debt
-
24
Du Pont Analysis 2
Examining the effect of Leverage on ROCE in arriving at the ROE
-
25
Liquidity
Examining the Working Capital of a business and the importance of Cash Flow
-
26
Working Capital Requirement
Examining the effect of the Working Capital Requirement on a company's Cash Flow
-
27
Module 4 - Review Quiz
10 Multiple Choice questions testing your knowledge of the topics covered in Module 4
-
28
Case Study 1
Introducing the Case Study that assesses Modules 1 - 4
-
29
Case Study 1 - Answer
Review of Case Study 1
-
30
Direct v Indirect Costs
Understand the difference between Direct and Indirect Costs
-
31
Fixed v Variable Costs
Understand the difference between Fixed and Variable Costs - as well as Semi Variable & Fixed Costs
-
32
Opex v Capex
Understand the different between Opex and Capex and the impact on the financials of the business. Explanation of depreciation including a worked example
-
33
Accruals & Prepayments
Understand the difference between Accruals and Prepayments, and how they are used to move costs into the correct period
-
34
Accrued & Deferred Income
Understand the difference between Accrued Income and Deferred Income, and how they are used to move revenue into the correct period
-
35
Sunk, Marginal & Opportunity Costs
Understand other types of costs in the business including sunk, marginal and opportunity costs
-
36
Module 5 - Review Quiz
Test your knowledge and memory of the topics covered in Module 5
-
37
Budgeting
The need for budgeting and why it is important to ensure the business is well run
-
38
Creating the Budget
Examining the essential steps in setting up a budget
-
39
Variance Analysis
How to undertake variance analysis - comparing 'actual' figures with 'budgeted' figures
-
40
Flexing the Budget
Advanced variance analysis techniques - breaking the variance down into the constituent elements
-
41
Forecasting
How to using variance analysis to produce accurate forecasts for the future
-
42
Module 6 - Review Quiz
10 Multiple Choice questions testing your knowledge and understanding of Module 6
-
43
Time Value of Money
Understand the concept of the Time Value of Money
-
44
Creating the Business Case
How to create a business case in excel
-
45
Calculating the NPV
How to calculate the Net Present Value of a business case in excel
-
46
Calculating the IRR
How to calculate the Internal Rate of Return of a business case in excel
-
47
The Cost of Capital
Applying the Cost of Capital and the WACC to a business case
-
48
Shortcuts in Excel
How to calculate the NPV and IRR using excel shortcuts
-
49
Module 7 - Review Quiz
10 Multiple Choice questions to test your understanding of the topics covered in Module 7
-
50
Fundamentals of Asset Valuation
Understanding how assets are valued
-
51
Calculating the Yield
How property is valued - the Yield
-
52
PE Ratios
Understanding how companies are valued - PE Ratios and multiples of earnings
-
53
Pricing Bonds
Understanding the difference between a loan and a bond, and how bonds are priced
-
54
Risk
Understanding the effect of Risk on Asset Values
-
55
Interest Rates
Understanding the effect of Interest Rates on Asset Values
-
56
Pricing Shares
Applying valuing techniques to pricing shares
-
57
Module 8 - Review Quiz
10 Multiple Choice questions to test your understanding of topics covered in Module 8
-
58
Case Study 2
A Case Study on asset valuation pulling together all of the concepts covered in this workshop
-
59
Case Study 2 - Answer
The answer to Case Study 2
