Questions? Call us free 0800 524 4230

Join our Facebook campaign

NewJobseeker
Bootcamp

Business Awareness
Skills

Communication
Skills

Networking
Skills

Problem Solving
Skills

Project Management
Skills

Sales & Negotiation
Skills

Self-Management
Skills

Teamwork & Leadership
Skills

Business Numeracy SkillsBusiness Numeracy Skills

 

Business numeracy is the skill to understand how numbers translate and impact business profitability.

Problem

Understanding how a balance sheet, profit & loss account, budgets, planning and controls impact on the business environment is critical for business efficiency and profitability yet many people are unable to translate figures into meaningful dialogue or apply them in decision-making scenarios.

Solution

This intensive 4-hour numeracy skills “bootcamp” gives candidates a toolkit of techniques to enable them to process figures with confidence. Using outcomes based learning and practical exercises, candidates will gain the numeracy skills required to contribute effectively to the process of managing and operating any business profitably.

Deliverables: by the end of the 4 hours delegates will be able to:

  • Understand a balance sheet
  • Interpret a set of accounts
  • Identify key business metrics
  • Apply intelligent numeric shortcuts
  • Use business numeracy to manage a business

Who should attend

Anyone who wants to be competent and able to communicate effectively with numbers.

Business Meeting

“ If past history was all there was to the game, the richest people would be librarians. ”
- Warren Buffett

Course Outline

Self Assessment

  • Current strengths

The Business Landscape

  • What is business for?
  • Alternative business structures
  • How business get and use money.

Key Business Numeracy Concepts

  • Business by the numbers including: percentages and proportions, compound growth, probability distributions, exchange rates, and present vs. future value

Financial Statements

  • Profit and loss account
  • Balance sheet
  • Cash flow statement
  • Operations report

Business Management

  • Management vs. Financial Accounting
  • Costs
  • Break-even analysis
  • Cash flow management
  • Ratio Analysis

Business Profitability in Action

  • A business game with prize

Personal Action Plan

  • Steps to success