Financial Literacy

Duration:  2 Days

Objectives:

  • Understand the difference between Profit and Cash flow
  • Understand the Cash Conversion Cycle and Working Capital Management:
    • The process of going from Cash back to Cash
    • Managing cash and maintain a bank account
    • Purchasing and managing stock
    • Negotiating discounts with suppliers
    • Managing Debtors
    • Managing Creditors
  • Learn how to manage your money, your loan and debt repayments
  • Ensuring there is an understanding of the terms and conditions of the loan are adhered to
  • Understanding the principles of budgeting

 

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