Launching the NEW Financial Understanding App
The Local Enterprise Office DLR are leading the way with a new initiative for self-paced learning.
We are delighted to launch a self-learning app which has access to two Financial Understanding modules for users from non-financial backgrounds to improve their financial literacy skills.
Why should I up-skill in Financial Literacy?
Financial literacy is the foundation of your relationship with money, and it is a lifelong journey of learning.
Within the app, you will discover a range of topics, such as;
• How to read financial statements
• Financial decision making
• Impressing the Bank Manager
• Assessing and growing profitability while reducing costs
• Understanding the net worth of your company
• The importance of cash flow projections
• Your tax obligations
When can I do it? How long does it take?
The Financial Understanding App is for self-learners who are busy but want to learn new skills. You can complete it in your own time, at your own pace. We recommend allowing 8-10 hours to complete each module over the course of 2-3 weeks.
As part of the programme a Financial Specialist mentor will review your answers and feedback. Three hours of individual one-to-one mentoring is also included.
The app available and free to use for LEO dlr clients.
On receipt of a completed application form, you will be set up with access to the online learning platform and assigned a supporting mentor.