Grow your SME – What finance skills do you need to get to the next level?

Your start-up days are long gone and now you’re wondering how to build on your success. But taking the business forward requires different skills to those early times. So how do you make sure you’re well-equipped to cope?

Financial literacy training is the best way to gain business acumen and understand the inner workings of your company. It doesn’t have to be daunting. Jargon-lite courses like Colour Accounting teach practical skills, and provide you with a deep understanding of your business finances. Here are just a few of the skills you’ll need to grow your business: Effective cashflow management  Management of cashflow can make or break you. It’s an intrinsic part of business growth. You must be precise and work out how much cash will be available several months ahead. A deeper understanding of your financial statements  You will be able to communicate better with colleagues, staff and stakeholders. You should understand the knock-on effect of every business decision you make. Financial goal-setting  Setting specific goals and objectives keeps the business on track. It allows you to see exactly what you need to do at any given time. Set a goal to increase net profit year after year, or achieve a specific return on investment. Understanding your financial statements will let you do this with confidence. Colour Accounting delivers the financial literacy training you need to give you the skills to grow your business. All you have to do is click here to sign up. [traininglist slug=”colour-accounting-normal”]      ]]>