Financial Literacy Training to Founders / HOD
A. Financial Literacy Training means an in depth process to enhance the Financial Skill, Knowledge & Behavior of Founders/Business Owners/HOD in such a manner that:
- It helps in understanding of Financial concepts which ultimately help them to manage their money/cash flow in a better & efficient manner.
- It helps for an in depth understanding of Financial Statements (Balance Sheet, Profit & Loss Account Statements with all the Schedules), MIS, Budgeting, Investing, Insurance and Loans & Interest.
B. It is important life skill training for every human being & specifically for entrepreneurs & one must learn the said skill.
- For their financial wellbeing, stability & effective utilization of funds.
- Enables one to be debt free by adopting the best strategies.
- To protect one from Financial Frauds, poor credit score.
- To understand Compound Interest, ROI, Ratio & Opportunity costs, etc.
Our Scope of Services:
- Assigning Professionals like Chartered Accountant having experience of over 21+ years.
- In detailed discussion with the Founder/Business Owner/HOD to know about their understanding towards Financial Literacy and identify the gap.
- Providing in depth theoretical & practical training about Financials to Founders/Business Owners/HOD.
- Actual observation to see how Founder/Business Owners/HOD are evaluating & taking decisions on financial aspects.
- Timely review of all the result based on actual observations & wherever a financial gap is identified, conducting training to fill the gap.