Finance Courses

Managing the finances of your business are crucial to success but many people find the whole area of finance terrifying. Nova Lifestyle’s specially designed training aims to de-mystify finance, getting rid of the jargon that often proves such a barrier to learning, explaining basic financial tools and techniques in a simple and understandable way.

Introduction to Finance workshop takes you through the basics of Profit and Loss, Cashflow and Balance Sheets – easy to understand and easy to apply. Even those without any basic financial knowledge will be able to leave this workshop able to understand the fundamental principles and consider how their business is performing using key financial data.

Every business needs to work to a budget – without this costs can spiral and businesses can easily incur losses and run into cashflow problems. A budget helps you quickly see if you are falling short of your targets or exceeding them! It helps you take remedial action early on. Our Setting and Managing Budgets workshop shows you how to create a simple budget and use it to monitor your performance, flexing it if need be and using it to forecast.

Understanding finance means that you are better able to make best use of your resources – knowing what aspects of your business are working well and which are not. Many businesses have the potential to make excellent profits but poor financial management means money is wasted and losses incurred. Our How to Make More Profit from your Business workshop shows you how to make the most of your financial resources, cut out unnecessary expenditure and focus on the parts of your business that are the most profitable.

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Remember - If you are a member of the Island Health and Wellbeing Network you will be able to access FREE and discounted training opportunities saving you hundreds of pounds!