TWO DAY WORKSHOP
• Are you a Manager who wants to understand Finance or Numbers?
• Have you found you self in a situation with your senior manager and wanted to say something insightful with numbers but didn’t know what to say?
• Have you found yourself in Board Meeting or Department Meeting and dreaded that moment as you had little or no knowledge about Numbers?
If you are looking to grow your Career or wanting the Management to notice your new skills and want new responsibility, you will need to understand and demonstrate basic Financial Knowledge and Financial Management.
This 1 day Unique Board Game will enable you to develop the Financial Acumen.
The Good news is you don’t have to know be a Numbers person all you have to know is the role of Finance in Business.
Yes!!! It’s simple.
Retail Skills Training has developed a Fun way that you can achieve this much needed skill of understanding Financial and Business Acumen.
You will learn by doing.
Objective of the Game
Participants will understand how a Company makes Money, at each stage how decisions are made, how to evaluate how efficiently the company is run and how they can contribute to its success
What will you learn?
• Interpret Financial reports and make decision based on information on hand
• Understand the indicators of profitability and Performance
• Understand how to create a Sales Budget
• How to Analyze Market and Customers
• Calculate Financial Ratios
• How to increase productivity
• How to Manage Inventory and Receivables
• How you will contribute to the Bottom Line
What Topics will be covered?
• Introduction to Finance – what it is and what it is not
• Overview of Financial Statements
Balance Sheet
Profit and Loss account
Statement of Cash Flow
• Financial Ratio Analysis – Analyzing the Past and Projecting the Future
• Return on Equity
• DuPont Frame work :
Profitability Ratios – Gross Profit percentage, Operating Profit percentage, EBIT and EBITDA or Operating Profitability Efficiency – Number of days In Inventory, Average Collection Period (accounts receivable), Operation Cycle and Fixed Asset Turnover
Leverage –
• Depreciation
• Break Even Analysis
• The 4 R’s of Investing in Retail – Return on Revenues, Return on Invested Capital, Return on Total Assets and Return on Capital employed.
• Retail Industry specific ratios – GMROF, GMROL, GMROI, Conversion Rate, Average Transaction Size, Average Selling Price
Who Should Attend?
• All Manager and Employees who affect the Business Management factors from Non Finance background such as HR, Information and Technology, Supply Chain, Administration, Purchase. Operations, Sales and Of Course Finance personnel.
• All Employees from Non Business Domain
• Entrepreneurs
• Business Founders
• Students of Business schools all domains
DOWNLOAD OUR FREE E-BOOK
- HOW GAMES CAN INCREASE SALES
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