Business Finance for Everyone

Business Finance for Everyone, Celemi Apples and Oranges ™

Participants get an overview of how their whole organization functions and makes basic financial decisions in a simulated environment. Participants will be able to generate improvement activities for a fictitious company and see how their decisions affect the bottom line.

Student Learning Outcomes:

Participants will learn how to relate their daily actions and decisions to the company’s profit and loss statement, balance sheet and cash flow statement.
Students will:
• Learn how to fill out a balance sheet.
• Learn how to fill out a profit and loss statement.
• Learn how to fill out cash flow statements.

Outline of Course Topics:
I. Simple Rules of Business Finance
II. Financial Statements
     a. Balance Sheets
     b. Profit & Loss Statements
     c. Cash Flow Statements
III. Basic Financial Metrics
IV. Ansoff Matrix Strategic Planning Tool
V. The Importance of Velocity in the Making of Products or Services
VI. Working Capital
VII. How Different Types of Improvement Projects Can Improve Cash Flow & Profitability

Why this type of training is important to manufacturers:
Business Finance for Everyone stands out as a comprehensive business finance simulation experience for everyone involved. It goes beyond the surface, helping individuals comprehend how an organization generates revenue, identifying key metrics, and demonstrating the significant impact of each person’s role on these metrics, no matter their position. The simulation becomes a catalyst for participants to understand how they can contribute to both the financial and operational success of the business. By fostering motivation, alignment, and communication, Business Finance for Everyone breaks down silos within units, encouraging collaboration and creating a more cohesive and financially savvy organizational culture.

Supplemental Course Material: Participant Guide
Target Audience: Management, Supervisors, Team Leaders, Process Owners
Duration: 8 hours
Class Size: Up to 20 students

 

To Contact or Learn More About This Training Program For Information


AMT LogoYour Instructor: Alliance for Manufacturing & Technology (AMT)

AMT is a leader in assisting local manufacturers in overcoming the challenges of today’s competitive economy. They have a highly skilled team of experts who have many years of industry experience combined with extensive consulting, training, and coaching experience. They are business advisors who have built a reputation for understanding and meeting manufacturers' needs with expert solutions. AMT is a unique resource for manufacturers seeking to increase sales, streamline operations, achieve certifications, reduce costs, create jobs, and prosper in the following counties: Broome, Chemung, Chenango, Delaware, Schuyler, Steuben, Tioga, and Tompkins.

 


Cancellations with less than 3 days notice or failure to attend (No Shows) the first day of class will not qualify for a refund or reduction of charges.

Students may cancel 3 days or more prior to the day of class and receive a full refund. We solidify dates with instructors 3 days prior to the start of the class (or reschedule/cancel) and it is dependent upon enrollment. Cancellations with less than 3 days notice can not be refunded). Notification maybe done by phone to the Office of Workforce Education (607-936-5501) or email to ilearn@corning-cc.edu


Businesses in Chemung, Schuyler and Steuben interested in seeking funding to send promising leaders from their organizations to this training should contact CSS Workforce NY at 607-937-8337.

SUNY Corning Community College is committed to ensuring equal access to students with disabilities. If you believe that you will need accommodations while taking this course, please contact Accessibility Services by phone 607-962-9262 or email Accessibility@corning-cc.edu to begin the process of requesting accommodations. We strive to coordinate accommodations in a timely manner, but some accommodations may not be available when you need them if you do not give timely notice.