Financial Acumen - 'Even'-ing the odds for Non-Finance Professionals
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7 business truths and implication s Accord Singapore | 2014
description
Today, business finance concepts have become a need-to-know rather than good-to-know for business success. A sound understanding of financial concepts can give an edge to professionals in their careers as well as in business. This presentation shares 7 truths of business and their implications. It highlights the need for basic financial knowledge to make better decisions.
Transcript of Financial Acumen - 'Even'-ing the odds for Non-Finance Professionals
7business truthsand implications
Accord Singapore | 2014
#1Truth
Information will never be
complete…
… make smart decisions rather
than perfect ones
#2Truth
Resources will always be constrained…
… make the right financial arguments for your budgets
#3Truth
Most companies fail because they run out of cash…
… ensure and protect your cash-flows; they are the life blood of a
company
#4Truth
Assets are necessary to drive a business…
… invest in the right ones
#5Truth
Your most important assets are not listed on financial statements…
… never lose sight of your people and customers
#6Truth
Leaders understand financial terms…
… learn the language of
business
#7Truth
Financial acumen is necessary for effective business decisions…
… develop your financial IQ today!
Even-ing the odds for non-finance professionals
Accord Business Solutions Pte. Ltd.146 Robinson Road, #07-01, Singapore 068909
Phone: +65 9298 9590Singapore | India | UAE
www.accordsingapore.com.sg | [email protected]
The Accord Business Finance Workshop
