Financial Literacy Training to Founders / HOD
A. Financial Literacy Training means an in-depth process to enhance the Financial Skills, Knowledge 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 Sheets, 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 good financial wellbeing, stability & effective utilization of funds.
- Enables one to be debt free by adopting the best strategies.
- To protect from Financial Frauds Accumulation of debt & poor credit score.
- To understand compound Interest, ROI, Ratio & Opportunity Costs, etc.
Our Scope of Services:
- Assigning Professional like Chartered Accountant who is an expert with knowledge of more than 21+ years.
- In detail 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 Founders/Business Owners/HOD are evaluating & taking decision on financial aspects.
- Timely review of all the results based on actual observation & wherever a financial gap is identified, conducting training to fill up the gap.