Financial Practice for MSME by Nuh Hamid

Level 1 (Basic) : Financial Practice for MSME by Nuh Hamid

This workshop aims to develop participants’ understanding and awareness of fundamental financial forecast. It places emphasis on how business owners can use financial information to enhance the decision making process.

Learning Outcome:

By the end of these courses, you will be able to :

1. Categorize the concept of business cost
2. Compute product/ service costs
3. Recognize the techniques and methods to sales forecasting
4. Distinguish between personal expenses and business expenses
5. Prepare and review cash flow forecast to ensure effective cash management
6. Demonstrate break even analysis

Workshop Outline:

• Cost and Pricing Strategy
• Sales and Cost Forecast techniques
• Personal Survival Budget
• Cash flow forecast
• Profit and Loss forecast

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