Finance for Everyone

A full-day workshop that targets everyone who make decisions that impact sales and operations — that is…anyone in the company.

Business Challenges Solved with This Course

Create a Business Mindset

Participants learn to address competing problems of oversupply, inventory build-up, working capital, cash flow and debt repayment and how their decisions impact the health of the business.

Understand Business Acumen

Participants learn how to read simple financial statements such as Income Statements and Balance Sheets. They review their own company’s financial statements and learn how they can impact the performance of their company.

Make Better Business Decisions

Participants learn how their decision and everyday activities, leads to reductions in costs, inventories, and working capital; and gain an enhanced understanding of how and why their everyday decisions and actions impact the financial performance of their company.

Delivery Options

Face-to-Face Workshops

Virtual Workshops

Finance for Everyone

In Finance for Everyone, participants learn about all the pieces of a business and how they fit together. Then learn about what any business needs in order to be healthy. Participants will a simulated business and make decisions in all the major areas of a business and then review and defend their results. Participants develop a big picture understanding of the needs of the business, are better able to take appropriate initiatives, communicate rapidly and effectively with other departments, and provide a greater sense of involvement.

What You Can Expect From This Course

Program Overview

Income/Outcome: Finance for Everyone is a full day simulation that utilizes the Income/Outcome simulation board and the modeling of simple financial statements for use in tracking the position and performance of a company. The simulation board separates these concepts into two distinct but related flows of activity.

Facilitator-Led Simulation

This group experience provides the rules for the simulation, a general introduction to the process of business (financial statements, business terminology, fundamental business dynamics), and sets the framework of needing to manage separately for cash and profit.

Team Competition Simulation

The competition consists of four business cycles in which teams have full decision-making power and are accountable for the business results.

In each cycle, team-based companies develop and implement a business strategy which incorporates real-world dynamics: production capacity, customers, prices, financing, and more. Each cycle includes the following activities:

Competitor and market analysis
Setting prices in a competitive market
Monitoring cash flow
Preparing an Income Statement and Balance Sheet
Posting, comparing, and discussion of results

Teams have opportunities to improve their companies with real world business solutions – expansion, quality initiatives, niche marketing, and more. Finance learning is integrated within the simulation, activity include cash flow forecasting, budgets, and unit cost analysis.

Learning Approach

Our Learning That Never Stops^™ approach will ensure skills learned in the Income:Outcome Finance for Everyone will be transferred to day-to-day work practices. To achieve this, Income:Outcome Finance for Everyone includes components and activities: