Masterclass 5: Financial Management Mastery

Masterclass 5: Financial Management Mastery

Price: $749
Duration: 2.5 Hours
Objective: Teach businesses to effectively manage finances for profitability and growth.

Step-by-Step Guide Summary

Starting with budgeting and financial statement basics, participants move on to managing cash flow. They learn about tax planning and compliance in the third module and conclude by creating a financial strategy aligned with business goals.

Course Outline

Module 1: Financial Fundamentals

Key Topics:

  • Budgeting basics.
  • Introduction to key financial statements (P&L, balance sheet).

Exercise : Create a simple budget and analyze a sample P&L statement.

Module 2: Cash Flow Management

Key Topics:

  • Understanding cash inflows and outflows.
  • Tools for monitoring cash flow.

Exercise : Build a cash flow tracker and solve mock cash flow issues.

Module 3: Tax & Compliance

Key Topics:

  • Common tax deductions and planning.
  • Ensuring compliance with local regulations.

Exercise : Review a tax preparation checklist.

Module 4: Financial Strategy

Key Topics:

  • Setting financial goals.
  • Leveraging financing options (loans, investors).

Exercise : Develop a financial strategy for a hypothetical expansion.