LEAP Finance Seminar – forecasting for the future
If you haven’t got a head for figures, writing a cash flow forecast and calculating your profit and loss are often tasks that can end up in the “too difficult pile”. Understanding the difference between these, the gross profit margin and the break-even point can be quite mind blowing. The recent Finance workshop enabled the LEAP candidates to grasp an understanding of what financial records they need to keep. Basic tips and examples were shared, and candidates even got to complete a cash flow forecast of their own.
The feedback on this workshop showed that the candidates financial knowledge had improved since attending the workshop and that they now felt more confident to complete their finances. One of our candidates highlighted,
“This is the most challenging area I am facing, this workshop felt very supportive”.