Business Financial Management Coaching
Overview
This is a tailored program designed to help entrepreneurs, small business owners, and managers build and improve their financial skills and understanding. The course aims to provide practical guidance and tools to manage finances effectively, make informed decisions, and optimize financial performance within a business.
Objectives
The aim is to empower business owners and managers to take control of their financial operations, create sustainable growth, and avoid common financial pitfalls that can impact business performance through coaching and supporting businesses
Learning Outcomes
By the end of the course, participants will be able to:
- Interpret and explain the components of financial statements, including income statements, balance sheets, and cash flow statements.
- Design and implement basic financial systems and internal controls in the business to safeguard the business’s financial resources.
- Create and maintain accurate cash flow forecasts to ensure sufficient liquidity for daily business operations.
- Construct realistic and comprehensive budgets aligned with business goals and objectives
Methodology
Our financial management coaching approach is based on the principles of collaboration, empowerment, and accountability. The course starts with theory-based e-learning modules or in-person workshops to cover fundamental concepts of business financial management, such as financial statements, budgeting, cash flow management, financial analysis, cost control, and business financing online, with the in-person option available. The coaching sessions are tailored to address individual business needs. This allows for in-depth analysis of the business’s financials and personalized strategies for improvement, focusing on areas such as profitability, cost control, and cash flow.
Small business owners and managers, financial managers in growing businesses, start-up entrepreneurs, consultants and advisors to small businesses, non-financial business stakeholders including board members and investors, non-profit organizations, franchise owners, family-owned businesses.
- A minimum of a Grade 12 (Matric) certificate or equivalent.
- For individuals without formal qualifications, recognition of prior learning (RPL) can be considered based on relevant experience.
- No prior financial knowledge is required
3 months
R25 000 plus R1 000 per hour of coaching session
Email any of the following:
Faith@thakocapital.co.za
Korolosof@gmail.com
info@thakocapital.co.za