FREE Business Skills Workshops
Understanding Business Financials (Port Hedland)
Port Hedland Chamber of Commerce Inc18 Edgar StPort Hedland, WA6721 Map
It is essential to be able to understand the financial health of your business, without relying solely on your accountant.
This free workshop will show you how to develop ‘snapshot’ measures (key performance indicators) of your business progress to make sure it stays on track. It will also provide you with a good understanding of your financial essentials so that you will know the right questions to ask your accountant.
Who's it for
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This is an entry level workshop for people with little or no understanding of business financials.
It will also be useful for business owners who want to be better equipped to spot financial problems or areas of concern.
Program
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This workshop covers the following topics:
- how to read a profit and loss statement
- knowing the difference between margin and mark-up
- understanding a balance sheet
- tracking key performance indicators
- knowing your net cash position
- the importance of managing cash flow.
You'll receive a practical workbook, and there will be an opportunity to ask questions.
You are advised to bring a calculator with you.
RSVP Essential.
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