Whether your journey as a Franchisee has just started or you have clocked up many miles since first opening your classes, there has possibly never been a more pertinent time to brush up on Financial Management.

Included in this CPD are three sub courses:

• Cash Flow Management - Managing your cash flow is key to ensure you have enough funds to meet your business obligations, prepare for the unexpected, reinvest in your business, and most importantly reward you for your efforts in your business. This course will provide an overview of Cash Flow Management, what it is, and how you can help improve the cash flow of your WOW business.

• Planning for the future - this course will help you understand the importance of having clear financial goals and projections and how you can develop these for your WOW business.

• The Basics of Statutory Accounts - Every year you will be required to prepare year end accounts and tax returns for your WOW business. This course will provide you with an overview of these documents, how they can help you understand your business, and key considerations and information to help you with this important obligation as a business owner.


And there's more..........

In addition to the CPD, we have also made available the following Finance related content from Business Training which are incredibly valuable to revisit and which fit in well with the new CPD topics – wherever you are on your business journey:

• Setting up and Managing your accounts and financial records - tips, hints and best practice. Staying on top of your accounts and business finances is a key part of managing and running your WOW business. This course will provide you with an overview of how to set up and manage your WOW business finances and accounts, including best practice, hints and tips.

• Pricing - Setting your prices for your classes is one of the most important business decisions you will need to make. This course will provide an overview of the pricing decisions and prompt you to think critically about the pricing decisions in your business.

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In addition to this bespoke WOW CPD course, you can also find some Bitesize CPD content on Managing Finances and Cash Flow Management in the ''WOW Business CPD - Bitesize'' folder. These courses are written by an external training provider and although they are more generic in nature (and not bespoke to WOW) they do comprise a useful supplement to the training in this course and also provide another style of content delivery.