Understanding Financial Statements

To improve your future you must learn all the possible lessons from the past.

Understanding the financial numbers is no academic exercise. To plan forward and make the right commercial decisions you must be able to use the financial data from your own company and your peers to give you the insight you need. This will help you to avoid past mistakes and build on past achievements.

This workshop will enable you to interpret financial data to answer the key questions about your own company's performance. It will also enable you to monitor your competitors, customer, and suppliers. Seeing your own company from the banks perspective will further help you strengthen your arguments for bank funding.

• Is your business generating enough profit to be sustainable?
• If not why not?
• How does your profitability compare with key competitors?
• Is your business generating enough cash?
• How risky is the liquidity position?
• Is the business funding mix sustainable?

All business decisions benefit hugely from good financial analysis. This is an opportunity to develop the skills yourself and no longer rely on the consultants.

We will go behind the numbers and understand exactly what the ratios mean and how to drive improvements.