Small business finance training

Understanding Your Numbers: Business Finance Basics for SME Owners and Managers

Make Better Decisions. Grow Your Business.

Do you understand what your business numbers are really telling you?

Many business owners and managers work hard to grow their business but lack the confidence to interpret financial information effectively. Understanding your finances can help you make informed decisions, improve profitability, manage cash flow, and identify potential risks before they become problems.

This practical one-day workshop has been designed for business owners, managers and non-finance professionals who want to gain a clearer understanding of business finance without needing an accounting background.

Workshop Details

Date: Friday 17th July
Time: 9:30am – 4:00pm
Venue: 3CATS Training, Grantham
Investment: Fully funded

Who Is This Workshop For?

This workshop is ideal for:

  • Small business owners

  • Sole traders and self-employed professionals

  • Managers and team leaders

  • Department heads with budget responsibility

  • Anyone who wants to better understand business finances

No previous accounting knowledge is required.

What Will You Learn?

By the end of the workshop, you will be able to:

  • Understand common financial terminology

  • Read and interpret key financial statements

  • Understand the difference between profit and cash flow

  • Recognise the importance of working capital

  • Understand assets, liabilities and business value

  • Calculate and interpret key business ratios

  • Measure profitability and business performance

  • Assess liquidity and financial stability

  • Identify potential financial risks

  • Make more informed business decisions using financial information

Topics Covered

  • Financial terminology

  • Sourcing and spending money in a business

  • Categorising expenditure

  • Working capital

  • Statement of Financial Position

  • Assets and liabilities

  • Depreciation

  • Income Statements

  • Accruals and prepayments

  • Bad and doubtful debts

  • Accounting principles

  • Dual effect

  • Profitability measures

  • Liquidity ratios

  • Efficiency ratios

  • Financial risk indicators

Included with Your Workshop

As part of the programme, participants will also receive access to supporting online learning materials which can be used after the workshop to reinforce knowledge and refresh understanding.

Plus lunch and refreshments throughout the day.

Why Attend?

Financial information should help you run your business, not confuse you.

This workshop translates accounting concepts into practical business knowledge, helping you understand what your numbers mean and how they can support better decision-making, improved planning and sustainable business growth.

Register Your Interest

Places are limited.

To register your interest or receive further information, please contact 3CATS Training or complete the enquiry form below.

Register your interest here