Finance for Small Businesses

Thu 15 Nov 2018 9:30am - 5:00pm Manchester
Double Tree by Hilton

Double Tree by Hilton


  1 Piccadilly Place, Manchester M1 3DG


  0161 242 1014


If you're travelling by train, exit Manchester Piccadilly through the main exit and bear left, crossing the pedestrian bridge.  Doubltree Hilton is the glass fronted building directly ahead of you.

It's a 1 minute walk.

Conference rooms:

All the conference rooms are on the mezzanine level of the hotel.


There are various NCP car parks all within a 2 minute walk of Doubletree Hilton.  Argent Place and Piccadilly Place are both next door.  Dale Street car park is a 2 minute walk away.



Doubletree Hilton is a lovely hotel and often has rooms available, however they aren't able to offer delegates who wish to stay overnight a preferential room rate.  Other local hotels include:

Malmaison Manchester -  directly opposite Doubletree.

Premier Inn Piccadilly - 2 minute walk away.


Venue website

Doubletree Hilton Manchester


*Two delegates £560.00 per delegate.
All prices are exclusive of V.A.T.


At the end of this workshop delegates will understand:

  • The purpose of the three main financial statements, and the relationship between them
  • The principles and concepts that underpin financial reporting
  • The layout and structure of the Profit and Loss Account
  • How to increase your bottom line by understanding both financial and non-financial profit drivers
  • The layout and structure of the Balance Sheet
  • The importance of liquidity – keeping cash flowing through the organisation
  • The impact of gearing on an organisation's bottom line
  • Key KPIs to monitor for a successful business
  • The 10 key questions to ask to ascertain the financial health of any business

What you'll learn

Session 1 - Introduction and Overview
-  Introduction/objectives/workshop structure
-  Jargon Buster Quiz

Session 2 - An Introduction to Financial Management
-  The business cycle
-  Alignment of strategic objectives
-  Financial Accounting and Management Accounting

Session 3 – Accounting Fundamentals

-  The 3 main statements – how are they linked?
-  The 4 key accounting concepts• Accruals and prepayments
-  Understanding book entries such as depreciation1

Session 4 – The Profit and Loss Account

-  The standard format and terminology
-  The distinction between capital and revenue expenditure
-  Reading between the lines – from gross profit to net profit (EBIT/DA etc)
-  Looking for the story beneath the numbers
-  Profit Drivers – which levers to pull?
-  Non-financial profit drivers

Session 5 – The Balance Sheet
-  The standard format and terminology
-  The working capital cycle – what does this look like?
-  Liquidity – the vital importance of keeping cash flowing
-  Understanding gearing – the power of leveraging your returns and its potential disadvantages

Session 6 – Turning Detective
- Case Study – working out why a company failed

Session 7 – Ratio Analysis
-  Key ratios for your organisation

Session 8 – Consolidation
- Cashflow Cluedo – case study

Session 9 – Wrap Up
-  Action Points and Evaluations

Who is it for?

  • You are the owner or director/senior manager of a small business 
  • You manage a budget
  • You would benefit from time spent 'on' your business rather than working 'in' it - i.e. looking at your company from a more strategic perspective
  • You want to understand the critical numbers of your business and understand how to increase profitability
  • You want to know how to prioritise cash flow
  • You find the language and jargon of business finance mind-boggling and want to cut through it!
  • You want to know the right questions to ask your accountant/book-keeper
Don't want to book right now?  Remind me about this event

Your facilitator

Sarah Hobbs

Sarah is the co-founder of Vondel Professional Development, and is an engaging and highly qualified business and training consultant who specialises in making finance easily comprehensible for non-financial professionals.  She has worked with a variety of clients across both the private and public sector including HMRC, Ince & Co, Wolseley, United Biscuits, PwC, Knight Frank, Mothercare, Nabarro, Norton Rose, BMJ Publishing and Barclays Bank. 

Current Events   
The Skills of MentoringManaging a High Talent TeamFundamental Skills for Powerful Management - Two Day Management Development Course for WomenGetting Ahead in Business - Leading on Gender EqualityFuture Leaders - prepare for your first management roleThinking on your FeetFinance for Non-Financial DirectorsEmotional Intelligence at WorkThe Art of the Interview - Interview Skills for ManagersFrom Ideas to Results - Ten Steps to Project Management SuccessThe PA as a Manager (2 day course)The Assertive ProfessionalWomen Advancing in LeadershipInfluencing Without AuthorityHow to be a High Impact IntrovertThe Experienced Manager Bootcamp (2 days)Presentation Skills for the Reluctant PresenterDealing with Difficult People and Unreasonable Behaviour at WorkPresenting With ImpactManaging Remote and Virtual TeamsCourageous ConversationsThe New Manager BootcampConfidence and Personal Impact at WorkStep Up to LeadershipLearn the Habits of Effective Time ManagementThe Exceptional PAFinance For Non-Financial Managers (2 DAYS)Writing for ResultsPerformance Management is not BullyingNLP Techniques for Managing People How to Become an Expert FacilitatorConfidence to Succeed - Assertiveness for WomenSeriously Excellent Management: The Ultimate 3 day ProgrammeFast Track Digital MarketingCoaching Skills for ManagersManaging Millennials - bringing out the potential in your workforceEngaging Leadership - People Strategies that WorkBuilding your Resilience at WorkFinance for Non-Financial Directors - Day 2Finance for Small Businesses