INVESTMENT: $99.00(Free For Limited Time)
Approx. 1 hour to complete
Business Finance Essentials (BFE)
What you’ll learn
- Grasp business finance basics, including how to manage assets and funding
- Interpret financial statements like income statements and balance sheets
- Analyse business operations and manage people using motivation and rewards
- Assess business performance using essential financial metrics and concepts
Outcomes
- Understand the basics of finance for meaningful professional conversations
- Simplify complex financial terms for better understanding
- Build a solid foundation in business finance management
- The subject of finance is about common sense which is not always common. This program is designed to tap into the common side of the common sense.
About
This course is designed for companies to include it in their probation training package for their new employees to understand the basics of finance. It consists of 20 videos that explain complicated financial jargon in simple laymen’s term so that one can have a meaningful conversation with the finance & accounting professionals. It helps people to speak the language of business – numbers!
Foundation 1: Basic numbers you always wanted to know
- The four things that happen in every business
- Understanding the primary role of a bookkeeper from a football perspective
- Understanding the primary role of an accountant from a football perspective
- A non-finance person is a myth!
- Difference between finance & accounting
Foundation 2:
- The two capitals required to start – grow – manage a business
- The three types of business
- The two rules in business
- Fundamentals of a Balance Sheet
- Fundamentals of a Profit & Loss Statement
Foundation 3:
- Understanding Break-Even Point (BEP)
- Understanding Depreciation
- Difference between Profit & Money
- Fundamentals of a Cashflow Statement
- Difference between Debit & Credit
- Business is not just about turnover, it is more about leftover
- What can we learn from McDonalds pricing model?
Bonus videos – Business Finance Literacy Program
- Using OPM to make more money
- How much should a business owner aim to make in their business?
** Now everybody can speak the language of business – numbers! **
Testimonials
“The training was phenomenal. It talks to a laymen using jargon-free language. Everybody in business needs to understand the numbers provided to and for them to make their decisions.”
“It has many years since I have enjoyed a useful, practical and engaging approach to finance. Chinmay’s thinking, clarity and relaxed style removes the real and imagined fears about finance. I recommend Chinmay and his program to you.”
“Chinmay, It was a pleasure learning finance from you. My children commented about how dry the class must have been but I corrected them as it definitely was not. You provided a new way of viewing the numbers with real world examples and applicable scenarios. Recently, I’ve been promoted to our Senior Leadership table to help bridge the operations side with the board and finance teams. The knowledge you imparted was a big part of that success.”
“I’ve been running my business for 20 years. I found the program incredibly rewarding and helpful. The clarity I got about financial statements was fantastic.”
Meet Your Facilitator
CHINMAY ANANDA
B.E, MBA, CMA
Financial Educator | Business Storyteller | Author | Lecturer | Investor | International Speaker
- Financial Educator, Business Storyteller, International Speaker, Author, and Lecturer
- Has trained over 9,500 business owners and 12,000 students in business finance since 2014 in Australia, India, China, and Indonesia.
- Conducted research on common business finance mistakes, shared with ATO, ICAI, CPA.
- Developed finance programs for MBA students, teaches at RMIT, Ducere Global School, and Insight Academy.
- Former National Treasurer at Professional Speakers Australia (2018-21).
- Authored two books – “FUNdamentals of Financial Statements” and “The Bottomline”.