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Maximising Cashflow, Sales & Profitability- Virtual Training


Practical Training for Professionals

Summary

Price
£336 inc VAT
Study method
Online + live classes
Duration
1 day · Full-time
Qualification
No formal qualification
CPD
6 CPD hours / points
Additional info
  • Tutor is available to students

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Overview

The aim of this one-day programme is to give managers a chance to review tactics, tools and techniques and to develop or confirm their action plan to take their business through difficult and challenging times.

This programme is designed for busy managers and those professionals who are responsible for sales and financial matters without necessarily having the job title or qualifications to match. The content is delivered in an easy-to-understand way, speaking your language and enabling paricipants to review options, identifying ways to maximise existing sales, profitability and cash flow.

During the day we will explore practical tactics and approaches to map your existing business, identify and reviewing key financial inflows and outflows and look at existing sales strategies, tactics and look at techniques to improve profitability, creditor control and ways to get the monies owed to your business.

CPD

6 CPD hours / points
Accredited by Approved by Law Society

Description

Maximising Cashflow, Sales & Profitability- Virtual Training - Timetable

09:30 - 10:00 Coffee & Course Objectives

10:00 - 10:30 Optimum Performance Model; key characteristics of successful people and successful businesses. A tool to enhance people and business performance.

10:30 - 11:00 Mapping the Business; Looking at a way to map the inflows and outflows of cash and how to make cash work to support the business.

11:00 - 11:15 Coffee break

11:15 - 12:00 Understanding Financial Reports (Assets, liabilities, income and expenditure; The Profit & Loss account; the Balance Sheet; the Cash Flow Statement; cash and profit and associated Key performance indicators.)

12:00 - 13:00 Confirming Your Market; Making the most of what you have, spotting new ways forward.

13:00 - 14:00 Lunch Break

14:00 - 15:00 Making and Closing the Sale: Reviewing the selling models that work in your business.

15:00 - 15:15 Afternoon tea

15:15 - 16:15 Proactive Credit Control and Cash Collection; A sale is not a sale until the money is in the bank!

16:15 - 16:30 Summary & Action Plans Agreed

Questions and answers

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FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.