The Numbers Coach -Demystifying business numbers and jargon to help you succeed in business
- We cover the key financial reports i.e. Profit & Loss, Cash Flow and Balance Sheet and how they fit together.- Essential knowledge like the different types of profit, how to calculate break even and the importance of gross profit margin.- And we cover the biggest cause of confusion - why profit isn’t the same cash!
- The main principles of forecasting and budgeting – often an area of considerable stress and anxiety.- How to forecast sales and the importance of sensitivity analysis.
- How to use the Excel forecasting model
- Company administration like basics of VAT, Accounting systems and managing working capital
- Different trading formats e.g. sole trader v limited company
- Business valuation and pre & post money valuations