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15 Aug

Chamber appoints a new Chair to the Board of Directors

Trentbarton buses boss Ian Morgan OBE has been appointed Chair of the Board of Directors at East Midlands Chamber*

14 Aug

Impact of lost businesses felt in latest employment figures

The impact of a number of high-profile business closures earlier in the year has begun to filter through to the unemployment figures for the East Midlands.

14 Aug

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The Plunkett Foundation is welcoming applications for this year’s annual awards celebrating achievements of rural community businesses in tackling rural issues.

Understanding Business Finance - Derby

Host: East Midlands Chamber
Venue: Derby Office
Date: Wednesday 5th September, 2018
Time: 9.30am - 16.30pm
Cost: Member £245 + VAT - Non Member £350 + VAT
In order to be successful we need to understand our business finances. Without this understanding we are unable to plan or make effective decisions. This course will provide an overview of the most common financial terms and provide techniques to help you to understand and control your finances.

Course Programme in Detail



• Have undertaken a 'jargon buster' and understand key financial terminology.
• Be able to interpret a profit and loss account and balance sheet, identifying key areas of interest.
• Recognise the importance of cash flow and be able to create a cash flow forecast
• Know what 'breakeven' means and recognise its importance to business operations
• Know what questions to ask when creating and working to budgets including an awareness of cost behaviours.

Course Outcome



To explain financial and accountancy jargon in plain English and to highlight they key areas of interest to enable effective planning and decision making. A workshop style of delivery will ensure opportunities to discuss ideas and share experiences to aid understanding.

Who Should Attend



Business owners, managers or staff who require a working knowledge of costs, and understanding of the key financial documents used in organisations.

Course Delivery



This course is delivered from the Chambers modern training facilities and is limited to a maximum of 12 delegates. Lunch and refreshments are provided as part of this course. Please note, there is no requirement for delegates to bring any stationery or IT equipment unless otherwise stated in the joining instructions.

About the Trainer



The course will be delivered by a highly qualified and experienced trainer from our training partner, Challenge Training & Consultancy Limited. All trainers have a vast array of experienced, gained in a variety of businesses and are able therefore to bring context and fresh input to each course.

Other Courses You may Benefit From



• Director Development Programme
• ILM Accredited Training
• Effective Team Leader
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