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The most common reason for businesses that fail across the world is Poor FINANCIAL Management (no wonder the results of S&P survey in 2014 state that about 76% of Indian adults do not understand key financial concepts).<br>
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About Numerous conversations with Founders and Business Owners across industries, brought up some surprising areas which applied almost to all the companies that fail to sustain themselves, let alone witness any growth! 01 02 03 The most common reason for businesses that fail across the world is Poor FINANCIAL Management (no wonder the results of S&P survey in 2014 state that about 76% of Indian adults do not understand key financial concepts). It could be an issue of generating enough cash flow or running out of cash to run operations or not having right people managing money – it all boils down to the issue of Poor Financial Management. www.contetra.com
Financial Management Unless all functions of a corporation learn to appreciate the financial aspect of their decisions, they might be doing more harm than good to themselves and the organization. 03 01 02 04 In the business world, every decision taken by a professional (employee, management, human resource, procurement, sales and marketing, etc.) has a financial implication attached to. We also acknowledge that many business owners do have enough cognizance of this fact – but still, why do businesses continue to perish for want of proper Financial Management & Planning. It’s a given that Financial Planning is critical to run a business and there is no substitute for that. www.contetra.com
Finance for Non-Finance Professionals As it is established that Business Manager’s knowledge (or decision makers knowledge) of financial concepts has a direct bearing on the effectiveness of the strategic business unit and the company – no business manager (or decision maker) can, therefore, afford to be ignorant of financial concepts. The objective of the learning program is to assist business owners & top managers in developing a better understanding of the financial aspects of the business. 05 03 01 02 04 We understand all these as very relevant and practical issues faced by companies today. This motivated us to create a high-impact flagship program ‘Finance for Non-Finance Professionals’ that focuses on all the problem statements and provides a one-stop learning solution, driving action. This program is so designed to impart module-based learning to every professional who is involved in decision making in any company www.contetra.com
LEARNING OUTCOME Understand the common yardsticks / ratios used in performance evaluation. Understand the impact of your decisions and actions (or non-action) on the “bottom-line” performance of your organization. Gain an insight on the recording and analysis of transactions. Understand various processes of finance. Get into the operating cycle and create processes around it. Develop capability to prepare your individual P&L, cash flow, and balance sheet. Enhance ability to effectively analyse the company’s balance sheet. www.contetra.com
Contact Us Call us at -8291-862-829 Mail us at tausif.sayyed@contetra.com contetra.com/home/training/finance-for-non-finance-training/#