Financial Management Basics

Running a business can sometimes be challenging but it can be dangerous if you’ve not got the correct information to make the right decisions on a timely basis.

Unfortunately a lot of business owners don’t understand the basics of good financial management and how it can assist them to make more money, or prevent losing money ! 

Good businesses sometime fail because they are really good at their business idea but don’t understand financial management basics.  

This session will assist established or new business owners to understand the basics of how to financially manage your business. Once you understand the basics of good financial management you will be better placed to better manage your businesses financial performance … and isn’t that why you are in business, to make money and have a lifestyle. 

Topics include:

·       What is Financial Management

·       Financial Management Cycle

o   Planning

o   Controlling

o   Organising & Directing

o   Decision Making

·       Internal Controls

·       Financial Statements Basics

·       Regular Reports top Run & Review

·       Q&A

This workshop is being presented by Geoffrey D Ellis, an Accountant of 30 years who for the last 17 years has been assisting businesses owners to enjoy running a profitable business.