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Home > Services > Training > Understanding Finance

Understanding Finance

Understanding Finance

Knowing how to understand the key financial measurements in a business will always lead to an improvement in profitability. After all, if you can’t measure it (or understand the measurement) then how can it be improved? Ovation’s course can be tailored to shop-floor staff or even owners of the business, with training in how to read and understand profit-and-loss accounts and balance sheets. The course looks at simple financial ratios too, and how they can be used to grow your business. We consider gross profit, net profit, stock turn, return on capital invested, average sale, wages per sales ratio etc.