What are the fixed and variable costs of the company?
What is the relationship between volume and variable costs?
What is the difference between earnings and cash-flow?
About the training
The training helps participating professionals to use their economic knowledge to make better business decisions. By increasing their financial awareness, participants handle their business revenues and earnings more consciously.
This workshop provides the fundamentals of economic knowledge. And cover general, financial-management related skills that are essential during the company’s operation.
During the courses theoretical knowledge is supported by practical exercises. At the end of the course participants can acquire basic financial knowledge, and they can also understand effects of their decisions made outside their professional expertise.
Being a practice-centric course, it requires active participation from the ones involved.
Course structure outline:
The course is based on three modules:
Who should attend?
Managing directors, managers or anyone who encounters financial information during work. No preliminary financial/accounting knowledge is required for the course.
Do you want to have a clear image of your company’s financial situation?
The earnings are positive, but the company struggles with liquidity problems?
Through case studies the training participants get overview about the following topics:
With the proper application of cash-flow management
What are the goals of a non-profit company?
How can the organization operate efficiently?
The primary goal of a non-profit organization is not creating profits, but meeting some social needs or reaching some social goals. This alone does not mean that these organizations cannot create profits. A non-profit organization needs to operate efficiently just as companies in the competing market.
During business operation non-profits must find the balance in the amount of necessary grants and donations, and correctly set performance indicators can be great help to you.
During the training, participants can gain insights to the operation of a non-profit company, especially the following topics:
As a result of the simulation, participants can understand:
Should you have any questions about the above trainings, please feel free to contact us via firstname.lastname@example.org.