Business leaders are faced with countless production, marketing, human resource and financial decisions daily. These decisions can have a huge impact and unless you understand the financial basics, you run the risk of poor decision-making. Developing a sense of financial acumen will help you make strategic decisions that will benefit your organization. Even without access to complete financial statements, understanding what is monitored and what is important will help you become a better steward of resources, and make more thoughtful decisions.
Learn how to:
•Identify and understand how to interpret the key financial statements for any organization
•Determine the factors and variables to use to make lease versus buy decisions
•Recognize when it is most beneficial to finance a purchase versus paying with cash
•Utilize financial information to make strategic business decisions
•Develop a financial vocabulary so you can confidently talk to your employees, your CFO, and other financial service providers.
•Understand basic business budgeting and cash flow forecasting.
Who should attend?
Ideal for new or current managers who need basic to mid-level financial analysis training to take their role to the next level.
**Event hosted by Prairie Family Business Association Sponsor USD Beacom School of Business**