TRAINING
Financial Workshop Series
Understanding Financial Statements – Painfree!
Building Financial Strength

Building Financial Strength

Build A Solid Foundation

A business needs a solid foundation on which to build and maintain strong and growing business operations. Financial strength is an integral part of the foundation and is vital for a business to grow and prosper.

Critical assessment of financial performance and effective cash flow management are core components of financial strength, and they are the focus of the Building Financial Strength workshop.

Workshop outcomes and benefits

By the end of this workshop, participants will:

Understand and be able to effectively use financial ratios and other financial analysis tools to assess business performance.
Understand key components and practices of cash flow management and how to implement them to generate and sustain positive cash flow.
Be better-equipped to preempt business challenges and take advantage of opportunities.
Be able to have more productive conversations with accountants and communicate more effectively with lenders and investors regarding business financing.
Have the cornerstone of a plan for regular review of financial performance, enabling timely and appropriate action to build financial strength and optimize business health.

Workshop details

Because businesses are in a constant state of flux, never standing still, there are many issues to deal with to keep them operating optimally and meeting stakeholder objectives.

Presented in a step-by-step interactive format, Building Financial Strength provides information and tools that participants can immediately start to use to improve business operations and increase resistance to cash flow problems. A business panel wraps up the workshop day.

Course outline:

Review of fundamentals – understanding financial statements: a business road map
Assessing business performance – adding dimension to the financial stories with financial statement analysis
Where's the cash? – understanding the cash flow cycle and using effective financial management practices to avoid cash flow challenges
Monthly check-up – prescription for optimal business health

Workshop length, class size and customization

Building Financial Strength is a full-day workshop. Basic understanding of financial statements is a prerequisite. (The Understanding Financial Statements – Painfree! workshop provides the prerequisite background if needed.)
Small class size of 12 participants allows for a high degree of learning, participation and exchange of ideas.
The workshop can be customized to further increase its relevance to participants from a single organization.
A half-day follow-up session is recommended within 3-6 months to review and expand on workshop topics and provide a forum to support participant implementation of worshop material.
Workshop content highlights can be presented in a short seminar format to larger groups at conferences and company or association meetings. One-on-one training is also available.

Finding a workshop

Workshops are offered in Vancouver, Canada, and can be arranged in other locations on request.

Focus on fundamentals. Build financial strength.