Workshops & Events
Financial Confidence Workshop.
Many Australians don't have the financial literacy skills they need to make informed decisions. Research by ASIC also reveals that almost 50% of people find dealing with money stressful and overwhelming.
Our Financial Confidence Workshop is designed to help franchise owners become more confident with the financial aspects of their business.
The ability to grow a business and be profitable requires franchise owners to understand the financial aspects of their business.
A franchise owner who is financially literate is more likely to be in control of their business. By understanding the financial reports and where the numbers come from they will be able to make smarter decisions about their business.
Financial skills also help franchisees take more responsibility for the financial aspects of their business and improve its financial performance.
The Financial Confidence Workshop was developed as a result of working with franchisees. They said they wanted to understand more about the financial aspects of their business. In particular, they wanted to feel more comfortable talking about their financial results and asking questions.
About the Workshop
To make well informed decisions about your business direction it’s vital to understand the numbers.
This workshop will help you understand your financial statements and reports. It will help you plan for the future with confidence and manage pricing and costs. You’ll also get insights into your cashflow and how to manage it.
During the workshop we will cover:
The key numbers to look at
What the Profit & Loss Statement and Balance Sheet tell you about your business
How to manage your cash flow
What the Financial Lifecycle means for you
The best way to monitor your important financial information
Tips to get the most out of your accounting software
Practical tips for working with your accountant
Ideal for: Franchisees who have been in business 1 to 3 years or want to improve their understanding in this area.
Minimum number of participants: 10
Format: Highly interactive. We use customised, practical examples and extensive group discussion.
Duration: 3 hours, plus breaks
Cost: $3,500 plus GST (plus travel and accommodation for 2 people). We recommend franchisees contribute towards the cost.
Facilitated by: Kate Groom & Peter Knight
Financial Confidence Workshop - “Easy info to follow, enjoyable and well worth it.” ~ Colleen, Frontline Recruitment