LEO Louth is delighted to offer a new Financial Essentials Programme for business owners/managers. This is perfect for any business owner/manager looking to build confidence in their financial skills and develop them in practical ways. 

Participants will learn to use financial skills in making decisions for their business and how to take financial steps that will grow their business. Participants will also receive one 2-hour mentoring session after the course is completed, giving an opportunity for direct application of the course content to their own business.

Outcomes for participating businesses will include: 

• Improved financial management capability
• The skills to carry out a Financial Health Check of the business
• Increased ability to read, understand, interpret and analyse financial reports
• Superior knowledge of how to prepare & review cashflow, manage & more accurately project future cashflow
• Review the internal financial management capability of the business
• Increased ability to confidently present financial information

 The topics covered across the three days of the course include:

  Session 1:

• Understanding Business Finance
• Introduction to Financial Statements
• Keeping Proper Books of Account
• Producing Management Accounts

 Session 2:

• Measuring Business Performance
• Ratio Analysis
• Key Performance Indicators
• Profit vs Cashflow
• Managing Cashflow & Working Capital Management
• Cashflow forecasting

 Session 3:

• Costing & Pricing

One 2-hour mentoring session per participant when course is completed