By the end of this Unit the candidate should be able to:
Prepare a business plan suitable for submission to a bank.
i.e. Construct a business plan in a form that would be generally acceptable by a bank. The business plan should include a cash budget and a forecast Trading, Profit and Loss Account (including non-cash expenses).
Know how to monitor actual performance against budget.
i.e. Construct a columnar budget with the facility of comparing planned income and expenditure against actual. Identify positive and negative variance and use this analysis as a basis for making decisions and taking action.
Decide which fixed asset to purchase based on highest financial return.
i.e. Use the three investment appraisal techniques, Payback, Internal Rate of Return and Net Present Value, to calculate forecast returns from the potential purchase of fixed assets. Use the results of investment appraisal calculations to decide which fixed asset to purchase.
Understand the importance of financial reporting.
i.e Able to explain the advantages to a business presented by producing periodic financial reports/statements and the dangers presented by the absence of such.
Pre-requisites
The good news is that no prior learning knowledge or experience is essential to take this course. This course is openly available to anyone wishing to learn more about being a sales executive and would like to take part in a highly rewarding home study course.
You have the freedom to start the course at any time and continue your studies at your own pace.
Support
As an AAS Training student you will have your very own personal tutor helping you with your course work and with any questions you may have. You can contact your tutor by email for all the practical advice you may need – so we really are with you 100%.
What's more you'll have access to the AAS Training online Student Community where you can interact with other students, browse our resource library and manage your account.
Assessment
A certificate is gained by successfully completing a series of assignments.
Online
Any questions about the course? Call Free 08000 75 8000