How installers can stay on top of their finances

The APHC – Association of Plumbing & Heating Contractors – looks at how training can help installers stay on top of their finances:  
Are you confident when it comes to offering out technical expertise but confused about how to maintain your plumbing company’s cashflow? Unsure about how to calculate your profits and overheads or want to learn about different ways of raising finance for growth without taking out a traditional bankloan?
While lots of us joke about not being good with numbers, the truth is that efficient bookkeeping techniques are key to the success of any company, helping you to maximise your profits and, ultimately, improve the way you do business.
What An Introduction to Finance will cover
Our online course An Introduction to Finance is a great first step in taking control of your finances, beginning with essential bookkeeping techniques to help you easily keep track of your incomings and outgoings. Explaining the importance within plumbing and heating companies of maintaining cashflow by making the most of credit terms with suppliers, this course also provides handy tips on how to best manage outstanding invoices and details the important role profit and loss reports play in helping you to maximise profits and identify opportunities for growth. Finally, a range of options is explored for those hoping to grow their plumbing and heating business but who would rather avoid taking out a traditional bank loan.
Industry-tailored advice
Many business development courses offer generic advice on managing your company’s finances, however, sometimes it can be difficult to see how such advice relates to your day-to-day work as a plumbing and heating firm. By packing An Introduction to Finance with real-life examples and interactive scenarios, we’ve ensured that our online learning solution is relatable, allowing you to gain knowledge that’s actually relevant to you and your trade.
24/7 learning
Want to learn without neglecting your customers or professional commitments? Accessible 24/7 via our easy-to-navigate and secure website, our Online Learning Centre has been developed to ensure you never have to compromise and can fit in your study whenever and wherever it’s most convenient for you. What’s more, the ability to learn from the comfort of your own home or even on site using your tablet means that you can save the time and money involved in travelling to a traditional learning centre.
A low cost course solution
With over 90 years’ experience of helping plumbing and heating companies to run professional and profitable businesses, we fully understand the need for installation businesses to keep overheads low. By pricing our courses at just £25 + VAT for APHC members and £35 + VAT for non-members, we’ve made it possible for industry members to gain vital business knowledge without breaking the bank. What’s more, on completion of each course’s end assessment, learners will receive a printable APHC certificate – who knows what benefits it could bring to your business! To get started, simply purchase the course at https://courses.aphc.co.uk/ and start your learning journey today.

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