Times ahead are likely to be difficult and unpredictable for the foreseeable future. Most of us have never worked during such a sudden and drastic changes. Guiding your organisation through the next phase of the coronavirus crisis will take sound financial planning.
But how do you plan when the future is so uncertain? Do you have the skills and financial literacy to make the best possible decisions?
More than ever, you'll need to really understand the fundamentals of good financial management. This concise course will show you how cash flows through your organisation and how to read your P&L and balance sheet so you can identify pinch points and risks.
What you'll learn
This practical course will give you the skills to:
- assess your current financial situation
- identify risks, both immediate risks and those that will come when the economy begins to recover
- make plans that will see you through the crisis
- know how cashflow, profit and balance sheets work together to reveal a complete picture of your financial position
This course covers the essential financial skills you need to run a business or manage a department.
It doesn't include advice about current UK government business assistance programmes.
Who is it for?
Anyone running a business, or with budget holding responsibilities for a service or department.