Good financial management is essential to running a successful business. The financial management course will provide you with a solid foundation in financial principles, tools and practices for effective decision-making.

In this course, you will:

1. Understand what financial management is and the critical role it plays in business success and decision-making.

2. Explore the different modelling approaches to predict future outcomes, gain proficiency in using tools such as Excel to create models and perform analyses of different scenarios.

3. Learn different forecasting methods, how to apply them to predict future performance and understand how to create and utilise budgets and forecasts for strategic decision-making.

4. Learn the benefits of a business plan and the components that make up a solid plan that can be used for business direction or raising finance.

5. Review some of the top accounting systems, their benefits and learn how to select the right system for your business.

6. Understand the types of taxes you will need to account for, how they work and the rules behind allowances and thresholds.

7. Review the range of payment terms with suppliers and customers, their impact on cash flow and the various sources of payments.

8. Explore different sources of finance, including equity, venture capital and debt financing, together with the advantages and disadvantages of each for your business.

9. Learn how to prepare funding applications to raise capital for your business and understand the requirements for securing funding from investors or lenders.

10. Navigate the world of R&D tax credits, assess eligibility for the scheme and understand how innovation contributes to this process.

The Financial Management course will be a valuable investment in your personal and professional growth and included in this course, is a Continued Professional Development (CPD) certificate.

We look forward to welcoming you onto the course and providing you with a comprehensive understanding of financial management principles and practices, enabling you to make informed financial decisions, manage resources effectively and contribute to the financial success of your business.