Introduction
SMEs are the backbone of the economy, but they often operate with limited financial resources and expertise. Effective financial management is crucial for maintaining liquidity, securing funding, and achieving long-term success. This comprehensive training program aims to equip SME owners, financial managers, and key personnel with the essential skills and knowledge to manage their financial resources effectively. By mastering financial management and analysis, participants will be able to ensure the sustainability, growth, and profitability of their businesses in a competitive market.
Course Outline
- Module 1
- Module 2
- Module 3
- Module 4
- Module 5
- Course Objectives
- Target Audience
Financial Planning & Budgeting
- Importance of financial planning in SMEs
- Steps in the budgeting process
- Types of budgets (operational, capital, cash flow)
- Variance analysis and budget adjustments
- Forecasting techniques and tools.
Financial Statements
- Overview of financial statements.
- Key financial ratios and their implications.
- Interpreting profitability, liquidity, and solvency.
- Common financial statement mistakes.
Cash Flow Management
- Importance of cash flow management.
- Cash flow forecasting and budgeting.
- Managing receivables and payables.
- Techniques to improve cash flow.
- Short-term financing options.
Financial Performance Analysis
- Financial ratio analysis.
- Benchmarking vs industry standards.
- Identifying financial strengths and weaknesses.
- Developing action plans based on financial analysis.
- Break-even analysis.
Financing Strategies & Cost Control
- Financing options for SMEs (loans, equity, grants, etc.)
- Choosing the right financing mix.
- Interest rates and loan terms.
- Cost control techniques.
- Cost reduction strategies.
By the end of this course, participants will be able to:
- Develop skills in creating and managing budgets to ensure efficient allocation of resources.
- Understanding of financial statements and how to interpret them for better business decisions.
- Learn techniques for managing cash flow to maintain liquidity and solvency.
- Acquire tools for analysing financial performance.
- Explore various financing options available to SMEs and how to leverage them effectively.
- Learn strategies to control costs and improve profitability.
This course is ideal for:
- SME Owners
- Financial Managers
- Accountants
- Business Consultants
- Entrepreneurs
- Small Business Advisors
- CFOs of SMEs.
Course Schedule & Fees
- Kuala Lumpur
- Singapore
- Amsterdam
- Online
- Course Fees
This course will take place in Kuala Lumpur on the following dates:
| 05/05/2025 | 19/05/2025 | 02/06/2025 | 16/06/2025 |
| 30/06/2025 | 14/07/2025 | 28/07/2025 | 11/08/2025 |
| 25/08/2025 | 08/09/2025 | 22/09/2025 | 06/10/2025 |
| 27/10/2025 | 10/11/2025 | 24/11/2025 | 08/12/2025 |
| 22/12/2025 | 05/01/2026 | 19/01/2026 | 02/02/2026 |
This course will take place in Singapore on the following dates:
| 26/05/2025 | 16/06/2025 | 07/07/2025 | 28/07/2025 |
| 18/08/2025 | 08/09/2025 | 29/09/2025 | 20/10/2025 |
| 10/11/2025 | 01/12/2025 | 22/12/2025 | 12/01/2026 |
| 02/02/2026 | 23/02/2026 |
This course will take place in Amsterdam on the following dates:
| 12/05/2025 | 02/06/2025 | 23/06/2025 | 14/07/2025 |
| 04/08/2025 | 25/08/2025 | 15/09/2025 | 06/10/2025 |
| 27/10/2025 | 17/11/2025 | 08/12/2025 | 29/12/2025 |
| 19/01/2026 | 19/01/2026 |
This course will take place Online the following dates:
| 13/05/2025 | 10/06/2025 | 08/07/2025 | 05/08/2025 |
| 02/09/2025 | 30/09/2025 | 28/10/2025 | 25/11/2025 |
| 23/12/2025 | 20/01/2026 | 17/02/2026 |
| Kuala Lumpur | Singapore | Amsterdam | Online |
| USD$ 3,580 | USD$ 5,600 | USD$ 5,600 | USD$ 1,920 |
