Managing finances

Ross Woods, Rev. Sept. 08, Feb. 13, Nov. 17

Introduction  

Part one: Your system

Your role
Find out your legal requirements
Decide on your financial administration system
Conduct financial completions
Reporting
Improvements

Part two: Managing finances

Introduction
Financial cycle
Business ratios
About business units
Resources
Waste
Fixed vs. variable costs
Direct and indirect funding
How to determine costs and prices
Cash flow
Examples of financial risk factors

Part three: The budget

Researching your budget
Formulating a budget
A more concrete example
What is budget management?
Allocating funds
Monitoring expenditure
Preparing a budget compliance report

Part four: Training

Financial risks in training
Stretching the training dollar
Variations
Lessons from starting a language school

Other resources

Small Business planner
Buzgate (small business development)
www.sbcs.org.au/startup.htm
www.sbcs.org.au/tips.htm
Basic financial management for non-profit organizations
So, you want to learn Bookkeeping!
Quick MBA
Guidelines for Assessing Business Risks (RMIT)