South West Training Blog

Articles, tips, guides and blogs around business skills, training, professional courses and development in addition to South West relevant news.

Is Financial Illiteracy Costing you Dearly?

Is Financial Illiteracy Costing you Dearly?
According to research by the think tank ‘IPPR’, British people love going it alone. They estimate that over 14% of us now work for ourselves.  There’s clearly a huge attraction to working independently (not least being able to manage your own holidays and working times) but the realities of being a sole worker without the backing of all the functions that typically support a larger business can be tough. Not only does the individual need to excel professionally within their chosen specialism but they also need to be adept at marketing, sales, administration systems and processes, website management, IT, HR and finance....
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Accounting & Finance Skills

Accounting & Finance Skills
Did you know that the word accountability derives from accounting? Although finance and accounting may (for some) be quite daunting concepts to approach, it is important to understand the benefits of understanding basic financial management skills for business purposes. A recent opinion article beautifully explains the origins and deemed importance of accounting in capitalist society from a historical point of view. For example, “In Renaissance Italy, merchants and property owners used accounting not only for their businesses but to make a moral reckoning with God, their cities, their countries and their families.” A basic understanding of some of the following concepts...
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