Entrepreneur

Start Your Own Business

Duration This is a 5 day course
FETAC Code 5N1418: Start your Own Business
Course Content This Programme has been designed to assist learners who are involved in dealing with owner / managers of start-up and small / medium sized businesses to grow their businesses confidence and be able to have more valuable business conversations with customers and advise on how the companies’ products / services can help their customers and give an extraordinary customer experience.
Entry Requirements Participants must hold a Leaving Certificate, Equivalent Qualification and/or have relevant life and work experience.
Further Enquiries e: training@ccma.ie
t: 01 291 1960
Learning Outcomes On completion of the programme, participants will be able to:
• Understand what’s involved in setting up and growing a business
• Grow their business / commercial knowledge and enhance their career development
• Understand key business terms and methods of analysing a business
• Know the Pressures and Challenges business’ face when running a business
• Understand why businesses fail and grow
• Demonstrate an understanding of different markets, industries and sectors and their requirements.
Methods of Assessment Project 75%
Presentation 25%
Location of Course Can be delivered nationwide according to demand
Available to Job Seekers: 
Yes
Certified: 
Yes

Business Finance for Managers & Entrepreneurs

Network: 
Biznetcork Skillnet
Duration 2 Days
Course Fee €250.00 for Chamber Members
€360.00 for non-members
Subjects Taught Day 1
Business & Finance
Financial Statements - the scorecards of business
• The purpose, structure and content of the main financial statements- Profit and Loss Account and the Balance Sheet

• How they are shaped by day to day business activities

• The core conventions that enable managers / entrepreneurs to read financial statements irrespective of their presentation layout

The language of finance
• The terms, concepts, limitations and principles of finance

• The key terms and concepts managers / entrepreneurs need to have on the tips of their tongues

• How to quickly find out what less common terms and concepts mean

• A crucial insight for manager / entrepreneurs - why profit differs to cash

Day 2
The Financial Perspective
• The three key result areas in business:
a) Profitability

b) Stability

c) Asset utilisation

• A model explaining the logical business reasoning and tactics that deliver good performance in each of the three key result areas

• How the financial perspective informs business decisions

Ratio Analysis
• How financial ratios highlight key indicators of business performance

• Using ratios and trend analysis to assess business performance

• The calculation, meaning and influencers of the sixteen most common ratios used in business

• The role of stock exchanges and ratios used to analyse the information in the published financial statements of “Listed” companies.

Course Content The programme has four modules and registers participants to www.fabeducation.com so that they can continue to use the training resources to meet their specific learning needs at times that suit them after the formal sessions.

The four topics are:
1. Financial Statements – the purpose, content and structure of the scorecards of business (“Knowing where to look to get information from financial statements”)

2 The Language of Finance – developing an easy familiarity with the terms and concepts used (“Communicating effectively using the language of business”)

3 The Financial Perspective – using financial awareness to make smart business decisions (Focusing business tactics and decisions of the three key result areas – profit, stability and asset utilisation)

4 Ratio Analysis – the calculation, meaning and factors influencing the most common ratios (“Transforming numbers into useful information to pinpoint important issues and trends)

Participants will be entitled to unrestricted access to www.fabeducation.com for three months from the time they register on the site.

This is a very different approach to the traditional “Finance for Non-Financial Managers” courses.

Professional Training’s programme “Business Finance for Managers and Entrepreneurs” is a blended learning programme combining interactive classroom inputs, mapped to the widely acclaimed active learning website www.fabeducation.com

The programme makes learning fast, fun and permanent. It generates momentum and confidence using an interactive mix of structured information inputs, discussions, quizzes, exercises and practice using our web-based financial modelling applications.

Participants will have access to the website during and after the course for designated exercises and self-directed practice sessions to reinforce learning.

This course is carefully defined to meet the specific needs of managers and entrepreneurs.

We don’t want managers / entrepreneurs to be accountants. We do want them to be able to speak the language of finance to communicate effectively in business situations and use the financial perspective to make smart business decisions.

Entry Requirements Participants should bring their own laptop / notebook to enable them to access the website.
Further Enquiries Aoife Dunne
Training Administrator
t: 021 453 0141
e: aoife@corkchamber.ie
Eligibility - Anyone working in business who wishes to gain a sound overall understanding of finance.
- Owner managers and people thinking about setting up a business who have limited existing financial skills.
- Advisers and managers in specialist disciplines who want to understand how business and finance works.
Trainer Professional Training Solutions
Location of Course Cork International Airport Hotel
Available to Job Seekers: 
Yes
Certified: 
No
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