Business Finance Basics 1 Day Workshop |Grand Rapids, MI

• Duration: 1-Day Practical Training (8 Hours)
• Timing: 9:00 AM – 5:00 PM (including breaks)
• Location: Location shared via email ( Complete Address )
• Format: Classroom Training (Virtual option available on request)
• Language: English
• Certificate: Course Completion Certificate
• PDUs Awarded: 8 Professional Development Units
• Contact: [email protected]

Finance is no longer just for accountants. Today’s professionals, managers, entrepreneurs, and team leaders are expected to understand financial information and use it confidently to support business decisions.

This Business Finance Basics – 1 Day Workshop is designed to simplify core financial concepts and make them practical, relevant, and easy to apply. Participants will gain a clear understanding of how businesses track performance, measure financial health, and plan budgets effectively.

Through real-world examples, simplified explanations, and guided exercises, this workshop helps you confidently read financial statements, understand where money comes from, where it goes, and how to plan for future growth. No prior finance background is required.

By the end of the day, participants will be able to interpret key financial reports, ask the right financial questions, and contribute more effectively to business planning and decision-making.

Business professionals from non-finance backgrounds
Managers and team leaders
Startup founders and entrepreneurs
Project managers and operations professionals
HR, sales, marketing, and admin professionals
Anyone who wants to improve financial literacy at work

Clear understanding of business finance fundamentals
Confidence in reading and interpreting financial statements
Practical budgeting skills for real business scenarios
Ability to link financial data to business decisions
Improved communication with finance and leadership teams

Registration & Welcome Session
Introduction to the workshop objectives
Understanding why financial literacy matters in every role
Overview of the day’s structure and learning outcomes

Module 1: Finance Fundamentals for Business Professionals
Why finance is critical to business success
Key financial concepts explained in simple terms
How finance supports strategy, growth, and sustainability

Tea / Coffee Break

Module 2: Understanding and Interpreting Balance Sheets
What a balance sheet really tells you about a business
Assets, liabilities, and equity explained clearly
Identifying financial strength and risks from a balance sheet
Hands-on balance sheet interpretation examples

Module 3: Reading Income Statements for Business Performance
Revenue, expenses, and profitability explained
Understanding gross profit, operating profit, and net profit
How income statements reflect business performance
Common mistakes when interpreting profit figures

Lunch Break

Module 4: Cash Flow & Other Essential Financial Statements
Why profit is not the same as cash
Understanding cash flow statements in practical terms
Operating, investing, and financing cash flows
Overview of stockholders’ equity statements
Reading notes to financial statements
Special considerations for non-profit financial statements

Short Break

Module 5: Budgeting Principles and Planning
Why budgets fail and how to make them work
Key budgeting principles for business success
Deciding what to budget and how often
Linking budgets to business goals

Module 6: Budget Preparation and Monitoring
Preparing an operating budget
Introduction to activity-based budgeting
Tracking budget performance and variances
Using budgets as a management tool, not just a report

Wrap-Up & Key Takeaways
Recap of key financial concepts
How to apply learning in your role immediately
Open Q&A session
Next steps for improving financial confidence

Understand the purpose and structure of financial statements
Interpret balance sheets to assess business stability
Analyze income statements to evaluate profitability
Understand cash flow and its impact on operations
Plan, prepare, and monitor business budgets effectively

🎓 Certification

All participants will receive a Certificate of Completion from LearneRRing, recognizing their achievement.

Exclusive OffersGroup Discounts:10% off for groups of 5-10 participants15% off for groups of 11-20 participants
Corporate & Team Training Available

Want this course delivered at your workplace or for your team? We offer customized onsite and virtual sessions for companies.📩 Email us at [email protected] for details.

Event Venue & Nearby Stays

For venue details reach us at [email protected], PH: +1 505 369 2908, Grand Rapids, United States

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