The aim
To enable managers to understand the concept of working capital and how they can free it to be used in the business.
About the program
Customers won't pay on time, suppliers won't deliver until bills are paid; spare capital is tied up in work-in-progress. It's a 'catch 22' situation that can bring a business to its knees.
This humorous video makes the subject easy to understand and proposes ways of avoiding the traps that lie in wait for the unwary manager. We are shown where capital is locked up in a business and how to free it up and how sales forecasts and regular meetings can help control working capital.
The benefits
-Assumes no prior knowledge of finance
-Financial jargon is avoided in favor of everyday language
-Managers are taught to focus more on the performance of the business as a whole and not just day-to-day processes
Information:
A Video Arts production featuring John Cleese and Ronnie Corbett. Release date: 1978
To enable managers to understand the concept of working capital and how they can free it to be used in the business.
About the program
Customers won't pay on time, suppliers won't deliver until bills are paid; spare capital is tied up in work-in-progress. It's a 'catch 22' situation that can bring a business to its knees.
This humorous video makes the subject easy to understand and proposes ways of avoiding the traps that lie in wait for the unwary manager. We are shown where capital is locked up in a business and how to free it up and how sales forecasts and regular meetings can help control working capital.
The benefits
-Assumes no prior knowledge of finance
-Financial jargon is avoided in favor of everyday language
-Managers are taught to focus more on the performance of the business as a whole and not just day-to-day processes
Information:
A Video Arts production featuring John Cleese and Ronnie Corbett. Release date: 1978
Categories
ArcLearn specializes in business skills training from leading producers.
All courses are video based which makes them both fun and highly effective.
No long-term contract or committment required.
Administrative functions and record keeping are hosted on our secure server.
Our performance database records student progress & test results.
Your ArcLearn website can be branded with your company's name, logo and corporate colors.
Entirely web based. No need for IT support staff.
