Financial Management
Profitability in a Financial Downturn
Cash Flow Priorities, Cost Reduction, Pricing Strategy, and Downturn Survival
4 CPD credits on completion
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Certificate on completion
Downloadable resources
Self-paced learning
About This Course
Course Information
This course helps you understand the core aspects of a business and areas of focus in a financial downturn. The idea is to focus on what expenses must be cut and how much to maintain efficiency and profitability.
Certificate on Completion
This course is made up of videos, questions and additional reading materials, and accounts for 4 units of CPD. One unit is the equivalent of one hour of learning.
Course Sections
This course is made up of the following sections:
- Profitability in a Financial Downturn – Part 1 (video + Quiz)
- Profitability in a Financial Downturn – Part 2 (video + quiz)
- Profits and Economic Crisis (Reading materials)
- Future of Jobs Report (Reading Materials)
- Course Completion Survey
What You Will Learn
- Explain the four corporate finance rules for surviving an economic downturn: cash preservation, cash flow focus, profitability, and revenue growth
- Identify the components of cost of goods sold and apply strategies to reduce material, labour, and overhead costs
- Evaluate pricing strategies during a downturn, including markup adjustments and their effect on profit margins
- Assess which selling, general, and administrative expenses can be cut without damaging long-term business performance
- Describe how workforce restructuring, renegotiating supplier contracts, and reducing discretionary spending contribute to profitability
Who This Course Is For
- Finance professionals advising businesses on cost management during economic uncertainty
- Accountants and controllers responsible for budgeting and cost control in difficult trading conditions
- Business owners and managers seeking practical strategies to protect margins in a downturn
Prerequisites
- Basic understanding of an income statement, including revenue, cost of goods sold, and operating expenses
- No prior experience with downturn management is needed; the course covers fundamentals before advanced strategies
Frequently Asked Questions
Course Details
CPD Credits4
CertificateYes
Pricing
Pricing
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Everything included in your subscription:
CPD certificate on completion
Downloadable resources
Self-paced learning
Expert-led content
24/7 access
Mobile friendly
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