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Financial fundamentals

Organiser: Business Connect
13 July 2023, Thursday
10:30 am - 12:00 pm

Financial Fundamentals is a fast-moving information-packed session designed to give you a basic understanding of the fundamental accounting concepts, processes, and tools which produce your business’ financial reports.
Delivered in easy-to-understand language you will learn how to read, interpret, and use your Balance Sheet and Profit & Loss to manage and maximise the performance and overall health of your business.
You will also gain insight on the need to plan and project, to budget your expectation of your business performance into the future, to establish your “roadmap”.

Learning Objectives:
1. Learn about the concepts of double entry and debits versus credits.
2. Understand accounting structures such as Chart of Accounts, general ledger, balance sheet, and profit & loss.
3. Learn about other essential tools such as cash flow, budgeting, and break-even.

Learning Outcomes:
1. Improve performance with a good understanding of basic accounting concepts, structures, and essential reporting tools.
2. Improve decision making with an ability to read, understand, and interpret the financial reports for your business.
3. Boost your confidence to converse with other stakeholders about the financial performance of your business.

About the Presenter: Graham Blackadder.
Graham Blackadder BCom (UNSW) CPA has had a colourful career spanning more than 40 years, most of it in senior roles as Chief Financial Officer/Finance Director and Company Secretary, and mostly with high profile multinational, corporate enterprises.
Late in his career, he retired from the corporate high-life to manage fulltime the finance and compliance, the IT and communications aspects of The Blackadder Recruitment Company, which he and his wife had formed some years before.
Graham brings both his extensive big-business expertise and his first-hand experience of a successful small business start-up, to help you maximise your own small business aspirations.
Having now sold the business into a larger enterprise, Graham devotes his time to ad hoc consulting and charitable pursuits.

About the Host: Kylie Pettitt.
Kylie Pettitt has had an extensive professional career across the consumer goods industry.
Her first career was within the wine & beverage industry, where she held roles in blue chip public and private organisations, focused on sales, marketing, leadership, category development and strategy.
Working for Red Bull, Pernod Ricard, Accolade Wines, and SC Johnson, she managed major retail, wholesale and hospitality clients for market-leading brands and portfolios. From this experience, Kylie brings strength and passion to product development, strategic business planning, and digital marketing.
Kylie later worked for Bluescope Steel, using her category and stakeholder management skills to lead pricing decisions for the Manufacturing Sector.
Kylie understands that mindset and emotional wellness play a crucial role in personal and professional success and has designed and facilitated programs focused on employee engagement and well-being.
In 2021, Kylie started her coaching practice, working with small business owners and female entrepreneurs to develop strong business foundations and the mindset to succeed in the early stages of business.
Kylie is passionate about leading clients to discover their own internal strengths, build resilience and thrive despite external circumstances.
Kylie is completing a Master of Business Administration (MBA) at the University of Wollongong. She holds certifications in NLP, Success Coaching, Conscious Education, High-Pressure Negotiation, and Emotional Intelligence, as well as a Level 2 WSET (wine and spirit education trust). Kylie is an Accredited Mental Health First Aider.
Kylie brings a highly strategic yet empathetic approach to support small to medium businesses to set solid foundations and scale beyond the start-up stage.

This webinar is aimed at small businesses throughout NSW who have just started or have an established business and we have the capacity to host up to 50 people.

Business Connect is a dedicated and personalised NSW Government program that provides trusted advice to help you start, run, adapt or grow your small business.