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Business Finance Masterclass

August 30, 2024

09:30 - 12:30

Zoom | Teams | Online

East Lancashire Chamber of Commerce

In this course, you’ll gain a basic understanding of finance and accounting concepts to drive the success of your business.

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.

More about the course

Even if you plan to hire an accountant, you still need to understand accounting information to make better, more informed decisions about your business. This webinar will give you the tools necessary to have a better understanding of what the professionals are saying down the line, so you can run your business better.

What it covers:

Part 1

  • Historical business finance measurement 
  • The main performance measure - Profit & Loss
  • The main valuation measure - Balance Sheet
  • The importance of cash management and working capital

Part 2

  • How to apply this knowledge to business planning and targeting
  • Using the above measurement tools to help plan and forecast business performance, particularly Profit & Loss and Cashflow and the key differences between them
  • Break even Pricing methods

Who it is for:

The course is aimed at a whole range of businesses from start-up founders to SME business owners to corporates and is geared to anyone without a finance or accounting background.

Who should attend:

Entrepreneurs, Micro business owners, SME business owners, Corporate middle managers.

Expected outcome: understand the basic financial documents used in business interpret the information in these documents, and use it to manage day-to-day business activity and longer term planning be more effective in your role deliver improved business performance

For further information, book your place and receive the joining link please contact: businesstraining@chamberelancs

Event cost: Non Members £175 + VAT. Members £150 + VAT. DA Members £125+ VAT

Venue address

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Funded by local govmt
Department for Trade and Business
Northern Powerhouse
Lancashire County Council

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