WORKSHOP: Finance Introduction for co-ops and community businesses
Are you an advisor to co-ops or community businesses with no, or limited, experience of finance? Book now to join Co-op Culture for a must attend workshop on the 17th January
The workshop will cover Basic Accounting Concepts and Terms and Jargon Busting, including:
- An introduction to finance and accounting terms
- The five different types of account
- Methods of keeping financial records
- The three key financial reports, and how to extract information from them
It will also link to videos for follow-up learning on:
- Cash Flow Statements
- Accounting for Grants
- Accounting for VAT
- Difference between Mark Up and Margin
- Gross Profit Margin
- Break Even Point
- Margin of Safety and Sales Growth
- The different importance of Turnover and Margin for High Volume Low Margin and Low Volume High Margin businesses.
Trainer: Andy Cocktaildress
Cost: £50
Booking: https://forms.gle/Dn24zW4m7Epqt1mu6