To help participants to analyse their company's performance which will allow then to control the business more effectively and enhance their decision making.

Key Objectives:

This programme will provide owner managers with the knowledge and skills to:

­ Understand Financial Planning
­ Interpret Financial Statements and measure performance
­ Manage their cashflow
­ Appreciate the importance of monthly management reports

Proposed Programme:

The programme comprises:

1. Three Workshops
2. Half day one-to-one consultations with each company

The content of the Workshops is outlined in the attached Appendix.

The one-to-one consultations will be tailored to meet each company's individual needs.

Workshop Content

Workshop 1 - Interpretation of Financial Statements:

­ Profit and Loss Statement
­ Balance Sheet
­ Cashflow Statement
­ Ratios / Performance Measures

Workshop 2 - Cash Management and Monthly Management Reporting:

­ Bank Reconciliation
­ Cash flow forecasts
­ Financing
­ Monthly Management Accounts

Workshop 3 - Financial Planning:

­ Sales Forecasting
­ Budgeting
­ Job Costing
­ Capital Expenditure Evaluation