Home / Events / Understanding Finance

Share event:

Description

In order to be successful we need to understand our business finances. Without this understanding we are unable to plan or make effective decisions. This course will provide an overview of the most common financial terms and provide techniques to help you to understand and control your finances.

This session will explain financial and accountancy jargon in plain English. It will also highlight the key areas of interest to enable effective planning and decision making. It will be a workshop-style delivery to ensure there are opportunities to discuss ideas and share experiences.

**This workshop is open to established businesses located in Amber Valley, Chesterfield, Derbyshire Dales, Derby City, Erewash, High Peak, North East Derbyshire and South Derbyshire**

Overview

Who should attend
This course is for business owners, managers or staff who require a working knowledge of costs, and understanding of the key financial documents used in organisations.

What's covered
- Have undertaken a 'jargon buster' and understand key financial terminology
- Be able to interpret a profit and loss account and balance sheet, identifying key areas of interest
- Recognise the importance of cash flow and be able to create a cash flow forecast
- Know what 'breakeven' means and recognise its importance to business operations
- Know what questions to ask when creating and working to budgets including an awareness of cost behaviours

Additional Information

Eligibility:

This workshop is open to established businesses located in Amber Valley, Chesterfield, Derbyshire Dales, Derby City, Erewash, High Peak, North East Derbyshire and South Derbyshire.

Receipt of this support is subject to the Subsidy Control Act (2022). To qualify an enterprise cannot have received more than £315,000 Minimal Financial Assistance (MFA) and or De Minimis within any three-year period.

The project is funded by the UK Government through the UK Shared Prosperity Fund.

This event is available for: Eligible SMEs

24th November 2025

9:30am - 4:00pm

In-Person

Cromford Mills, Matlock, DE4 3RQ

This is a funded event and will be subject to eligibility questions during the checkout process to ensure you match the required criteria.

Members must Sign in / Register to purchase member only tickets

In stock

*All our business prices are excluding VAT at 20%.

For further information on this event, please contact Suzy Link on 0333 320 0333 or email suzanne.link@emc-dnl.co.uk

Presenters & Panelists

Challenge Consulting

Learn more

Events

Our Services

Members

Events & Training

About

Understanding Finance

Description

Overview

Additional Information

Presenters & Panelists

Challenge Consulting

You may also like

Understanding Business Finance

Chamber Connect Social Evening with Great Northern Classics

Chamber Connect: Breakfast at Showcase Nottingham

Chamber Connect Networking Breakfast with Mercure Nottingham Sherwood Hotel