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Introduction to Retail Finance

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Title:  Introduction to Retail Finance

Developed by: Retail Training.com

Target Audience:  Store owners and store managers who need to be able to use key financial statements, including Profit and Loss Statement, Balance Sheet, Cash Flow and Open-to-Buy, to assess and analyze the financial health of their retail business.

Hours of Study: 0.33

Course Outline: 

  • Key financial statements
  • Basics of financial analysis
  • Retail finance summary

Cost: $20/£13/€18

Group Discounts: 100-249 seats 20% off, 250-499 30% off, 500-999 40% off, 1000+ 50% off

Alternative courses on the same subject: Mindedge has a Retail Math class which covers all the basic arithmetic formulae and calculations necessary when calculating key retail numbers. It is a good class to take if you do not have a good understanding of basic maths before you start to study the financial classes. NRF’s Principles of Financial Reporting class is suited to store managers and potential store managers who need to understand and interpret financial reports, particularly related to periodic trading statements. 6One5’s Managing the Finances of Your Retail Store is also suited to independent retailers and store managers and potential store managers. Martec’s Retail Financials module is more geared to headquarters personnel who need to analyse a company’s financial statements to identify long term trends and performance improvement opportunities by analysing the profit and loss account, balance sheet and cashflow statement along with selected key performance indicators. Companies selling goods and services to retailers will also find this helpful.