Business Finance Basics

To become more entrepreneurial, bankers need to think like entrepreneurs. Business Finance Basics puts the branch manager and small business banker in the role of a manufacturing company owner for a day – creating greater knowledge of how a business runs, makes money and thrives in today’s ever-changing economy.

Audience:

Branch Managers, Small Business Bankers, and others that make bank to business calls

Time Frame:

One-day classroom module

Prerequisites:

None

Business Finance Basics Key Learning Outcomes

Learn basic business finance language and the logic of business- “how it works”
Understand how companies generate profit and how they sustain it over time
Gain an appreciation for concepts such as inventory control, working capital, accounts payable/receivable, depreciation and much more, at a level branch managers can understand
Recognize how Balance Sheet and Profit & Loss Statements are vital information components of any business
Discover issues and opportunities that arise when a company scales up for ongoing growth
Experience how small changes in operations – such as enhancing information flow, improving purchasing efficiency and engaging more effectively with customers and colleagues, can significantly change outcomes and long-term results

Tools and Job Aids:

Building Finance Basics Participant Manual
Insight-based Question Resource Guide

Using a unique game board and play money, bankers experience a series of simulations that take them through two or three-year business cycles of a local manufacturing firm. In teams, they learn firsthand how to monitor cash flow and other tools to maximize profits and productivity.

Business Finance Basics is marketed and sold by St. Meyer & Hubbard through a partnership agreement with Celemi

Business Finance Basics Introduction

Julie Ruffolo, Senior Consultant, provides a high level overview of Business Finance Basics

Watch

Business Finance Basics Overview

See the game board, review the concepts, and take a deeper dive into Business Finance Basics

Watch

Taking you where you want to go starts with a conversation…

Give me a little info and I’ll be back with you shortly.

Dana Perkins
Executive Vice-President – Sales and Consulting
816-434-5543