4 week Business Clinic online
Understand your finances & improve your profitability
Introduction
What is the 4 week Business Clinic?
This 4 week long Business Clinic aims to help busy executives and decision makers understand the important correlations between various parts of the business, laying the foundation for improved efficiencies, processes and bottom line results. The Business Clinic is made up of 4 unique and interactive sessions that are delivered online, in-person.
Topics of the 4 weeks Business Clinic
- Know the who, what & where of your information
- How to read your Profit & Loss
- Why the Balance Sheet is so important to you
- Things to think about regarding your Cashflow
- What to measure? Key Performance Indicators
What’s in it for you?
- Eliminate or Reduce Waste / Rework
- Improved & prompt decision making
- Measure Output – Ratios & Dashboards
- Improve communications & efficient meetings
- Increase employee morale
Information Management
Key Data Storage & Collection
- Finance & Accounting System
- Enterprise Resource System / Inventory Control
- Sales & Marketing
- Transaction Process
- Time Management System
- Human Resource System
- Footfall Counters
- Bank
- Excel / Local Databases
Management Accounts
P&L and Balance Sheet explained
Cashflow
Cashflow statement & things to consider
- Complete Cash Projections on a regular basis
- Ensure your Bank Reconciliation is up to date
- Analyse Working Capital Requirements, e.g., Stock, Receivables & Payables
- Increase creditor days outstanding & reduce debtors’ days outstanding
- Review all Banking Facilities
- Undertake scenario, What-if analysis, delay any Cap-Ex Projects
- Identify payments which can be stalled
- Assess external funding supports available
Dashboard Analysis
4 Categories of Key Performance Indicators
Financial KPIs
Customer KPIs
Employer KPIs
Operational KPIs
Technical details
- Bookings: €80 for all four sessions/person
- Group size: max. 10 people/session
- Payment: via PayPal
+353 (0)86-3219146