Financial Awareness Coaching

We’ll help you to understand your business better, enabling you to better manage your cashflow. Good management decisions rely on a sound understanding of the financial implications for your business.

This service is a 12 month coaching programme and involves meeting with us every two months to discuss your financial results, culminating in you learning to produce and interpret your own customised financial reports on a monthly basis.

Who should attend?
We recommend this service to you if you are passionate about your business and want to better understand your numbers, so you can answer questions like:

How much profit have I made this year?
Why has my profit increased but I have no cash?
Is my cash level increasing or decreasing?
What's affecting my cash level?
What's involved?

Outcomes

Develop an understanding of your key financial reports
Gain knowledge of key accounting concepts
Learn how to report on cashflow and profit
Begin to produce your own customised reports on a monthly basis
Understand how to better manage your debtors and creditors
Learn how to monitor income and expenses throughout the year
Find ways to save time on admin tasks that could be automated
Identify weaknesses / areas to work on between meetings to get better results
Iron out any existing errors (e.g. formats, coding, analysis, timing differences, etc.)
Understand what other information you should capture and how (e.g. stock, debtors, creditors, etc.)

Any time is a good time to improve your understanding of your financial reports in order to improve business performance. The sooner you start Financial Awareness Coaching, the better your understanding of financial results and their implications, and the more control you will have over outcomes.