Put theory into practice – 5 instant takeaways from financial literacy training

Financial literacy training isn’t something that’s forgotten as soon as you leave the training room. It provides practical tools for use in everyday life.

If your eyes are glazing over at the mere thought of finance though, take a look at these five practical skills you’ll gain, which instantly make a difference to any business: Effective management of cash flow An accurate cash flow forecast is one of the keys to sustainable growth. You’ll be able to forecast with precision, knowing what to include and why. Formulate accurate budgets Budgeting isn’t everyone’s idea of fun. Even with the right training it might not float your boat, but finance education helps you accurately predict costs and know exactly why figures are included in the budget. Identify your ideal customer This is a proven way to cut marketing costs. By segmenting your market according to age, gender or location you can ‘talk’ to them directly. Analysis of financial statements If you’re not in the least bit interested in figures, the new ability to analyse your financial statements might surprise you. Knowing the relevance of a Profit and Loss account provides a tangible sense of self-reliance that’s compelling. Confident finance communications No more dreading your finance meetings because you don’t understand a word. You’ll communicate better with accountants, colleagues and customers, and know exactly what you need to do if something goes awry. Financial literacy training is more than just number-crunching. With Colour Accounting it’s fun and entertaining. Don’t take our word for it though. Take a look at the comments some of our lovely clients have left and book a course today. [testimonials-list-ca] Colour Accounting™ is our financial literacy course. Click here to secure your place. [traininglist slug=”colour-accounting-normal”]  ]]>