Financial Management for Non-Financial Professionals
Financial Management for Non-Financial Professionals
Understand financial information, improve business decisions and develop a practical understanding of company performance.
Duration: 1 day / 8 hours
Format: In-person, online or in-house
Level: Beginner to intermediate
About the Course
This programme is designed for managers, entrepreneurs and professionals who make business decisions but do not have a formal financial background.
Participants learn how to understand costs, margins, profitability, cash flow and the financial implications of commercial and operational decisions.
Learning Objectives
- Understand essential financial terminology.
- Interpret basic financial statements.
- Distinguish revenue, profit and cash flow.
- Calculate costs, margins and profitability.
- Understand working capital requirements.
- Evaluate the financial impact of business decisions.
Course Programme – 8 Modules
Financial Fundamentals
Key financial concepts, the role of finance in business and how financial information supports management decisions.
Understanding Financial Statements
Introduction to the balance sheet, profit and loss statement and cash flow statement.
Revenue, Costs and Profitability
Fixed and variable costs, direct and indirect costs, gross profit, operating profit and net profit.
Margins and Pricing
Gross margin, contribution margin, markup, pricing decisions and break-even analysis.
Cash Flow and Working Capital
Cash inflows and outflows, inventories, receivables, payables and liquidity management.
Financial Performance Indicators
Essential indicators used to assess profitability, efficiency, liquidity and financial stability.
Financial Decision-Making
Evaluating commercial decisions, investments, discounts, costs and operational improvements.
Practical Business Case Study
Analyse a simplified company scenario, calculate key financial indicators and formulate management recommendations.
Who Should Attend?
- Business owners and entrepreneurs
- General managers and department managers
- Sales and marketing professionals
- Operations and supply chain managers
- Team leaders and business professionals
Key Benefits
Participants gain the confidence to discuss financial performance, understand the consequences of business decisions and collaborate more effectively with finance departments.
Turn Financial Knowledge into Better Business Decisions
Contact TRIA MindLab for individual participation or customised corporate training programmes.
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