Do you want more control of your cash flow? Would you like to maximise profit? Looking to improve your financial awareness but don't think you have the time? If you answered yes to 1 or more of these, then Bite Size Business Learning could be the ideal workshop series for you and your business future.
The Bite Size Business Learning series consists of 5, two-and-a-half hour workshops covering a wide range of financial concepts that could:
- Help you identify cash flow improvements and better analyse business performance
- Provide basic principles and key financial tools that could realistically save you time and money
- Highlight what to look for in your financial statements
- Boost business performance by helping you build better action plans
- Achieve a greater awareness and financial control without requiring time away from your business.
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Workshop overviews
There are 5 workshops:Prerequisites- Nil. This is the foundation subject.
Key learnings - Understand the importance of financial management in driving business success and maximising and sustaining profit
- Learn how to interpret your financial statements (balance sheet and income statement)
- Identify, calculate and analyse key performance indicators to optimise business performance.
Benefits and outcomes
At the end of the workshop, you'll have a clearer understanding of financial statements, and be in a better position to: - Maximise and sustain business profit
- Work on your business rather than just working in it
- Drive higher profits through identifying ways to become more efficient.
Prerequisites- Driving Profits or Beyond Survival Day 1 (recommended).
Key learnings - Achieve the right balance between price, volume and costs
- Understand the impact of pricing on your bottom line – the difference between margin v mark-up
- Use break-even analysis – a powerful tool to support decision making and profit analysis.
Benefits and outcomes
Upon completion of this workshop, you'll be better able to strike a balance between costs and price, enabling you to: - Maximise profit
- Make effective investment choices
- Plan for success.
Prerequisites- Driving Profits and Striking the Balance (recommended), or
- Beyond Survival day 1 (recommended).
Key learnings - How to find extra profit and cash in your business
- Diagnose areas of opportunity and solve problems using the 'Roadmap tool'.
Benefits and outcomes
This workshop gives you tools to convert problem situations into winning solutions so you can: - Improve profits
- Drive better cash flow
- Brainstorm solutions to common business issues.
Prerequisites- Driving Profits or Beyond Survival Day 1 (recommended).
Key learnings - Understand the financial impact of growth on your cash flow
- Identify strategies to optimise cash flow management
- Determine more effective ways to fund growth
- Managing efficiencies within your business.
Benefits and outcomes
Upon completion, you will understand how to grow your business at a pace that still enables you to achieve: - Solid sales increases
- Strong profit growth and return on investment
- Desired cash flow within the business.
Prerequisites- Driving Profits and Going for Growth (recommended) or
- Beyond Survival Day 1 (recommended).
Key learnings - Understand the difference between profits and cash
- Overcome challenges in the cash flow cycle
- Build a projected profit plan and cash flow budget to monitor and manage your liquidity
Benefits and outcomes
This workshop will give you a clear understanding of why cash is important in the business and enable you to: - Maximise the flow of cash
- Free up hidden pockets of cash
- Clearly understand how to fund purchases.
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Workshop locations and dates
View the 
locations and dates (PDF 47kb) for the current Bite Size Business Learning workshops.
As a special introductory offer, the workshops are priced at just $220 (including GST). The cost includes:- A comprehensive reference manual
- An action plan so you can apply all your learnings straight to your business
- Refreshments.
Alternatively, you can pay $585 (including GST) for any 3 workshops – that's a saving of $75 - or pay $990 for all 5 workshops - a saving of $200. If you would like to register more than one person, please photocopy the registration form. Groups of 5 or more receive a 10% discount off the advertised price.
Register now for 1 or more of the Bite Size Business Learning workshops.
Step 1
Print and complete the Registration form (PDF 506kb) or call 1800 012 501
Step 2
Fax your completed form to 1800 654 036 or email businessseminars@westpac.com.au
Step 3
We will confirm your booking via the email address provided.
