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Advanced Financial Management Training System
Who the AFMTS Is Designed For
The AFMTS is designed for owner/managers and senior personnel in small- to medium-sized businesses in the retail, wholesale, manufacturing, and service sectors.
The Program's Objectives
This program provides today's small business manager with practical skills and knowledge to analyze and interpret the financial performance of a business. It also gives an understanding of how to use these skills to identify emerging problems. Particular emphasis is given to recent developments in activity-based costing and key performance indicator monitoring systems.
The Method of Delivery
This program is presented as an intensive 1-day interactive workshop.
A Brief Outline of the Workshop
The purpose of a business and the 4 critical factors that determine the profitability of your business
5 key financial management tools:
- Cost behavior and activity-based costing
- Gross margin analysis
- Cost-volume-profit analysis
- Productivity analysis
- How to identify and monitor your key business activities
Management and control of working capital, with particular emphasis on cash flow, inventory management, receivable management, and payable control.
How to finance the growth of a business by managing the relationship between profit and cash flow.
Putting it all together—how to project and monitor the financial performance of your business.
What you can expect from this program
Participants will have a better understanding of critically important financial management principles and methods of diagnostic analysis. They will therefore be able to exert tighter control over their business and identify emerging problems more quickly.
Participants will be able to work more effectively with their financial advisers because they'll have a better understanding of the language of finance.
Most importantly, participants will learn about business-specific financial performance indices that they can use in the ongoing management and control of the business.
One thing that we've observed is this: Those clients who have extraordinarily successful businesses have designed and implemented management control systems that are not only easy to use but are incredibly powerful ways to direct their businesses.
I'm not talking here about accounting systems, important though they are.
What I'm talking about is systems designed to focus on the small number of things that your business must get right, and then building an operational plan to ensure that it all comes together.
And that brings me back to the Advanced Financial Management Training System program.
If you're serious about improving the profitability (and therefore value) of your business, it's critically important that you adopt modern management planning and control systems.
Our Advanced Financial Management Training System program will bring you up to date.
Specifically, this full-day training program deals with the following issues:
What profit really is, how it is measured, and why it is different from cash flow.
How you can manage the relationship between risk and return in business.
The 4 ways to improve the profitability of your business.
How to increase sales revenue.
How to analyze costs to improve the performance of your business.
A case study on a business that nearly went broke by looking at the wrong measure of performance…and how the owner increased profitability by 404% in 1 year.
How you can use a technique called Cost-Volume-Profit analysis on your own business.
What you really need to measure to manage your business effectively.
How to measure and control your working capital and ensure that it's consistent with your overall business strategy.
How to grow your business so that you simultaneously increase profit and cash flow.
What you need to do now to project and monitor the performance of your business.
This training is specifically designed for small- to medium-sized businesses. So what you'll hear isn't irrelevant theory but a very practical, hard-hitting examination of critically important financial management issues.
If you wish to participate, your investment will be $295 for the full day's program. Your investment will include:
A COMPLIMENTARY place for an accompanying person from your business.
A participant's guide plus handouts and our booklet, How to Improve the Profitability of Your Business.
A COMPLIMENTARY financial review of the past performance of your business, including projections of its future potential.
A 2-hour post-AFMTS consultation with me so that I can help you integrate what you learn into your business management plan.
The Advanced Financial Management Training System program is held monthly at a convenient location. To reserve your place, please complete the attached registration form and forward it by fax or e-mail or call us to reserve your place. You'll be glad you did.
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