Ease any financial stresses by learning about the fundamentals: how to budget effectively, the revenue-costs relationship, VAT thresholds and how they apply to your coaching business, along with an introduction to financial statements. Developed by Deloitte in collaboration with the LTA, this online course helps you to; build a better understanding of your money, feel more confident in handling your cash flow, and protect the future stability of your business.
By the end of this course, you will:
- Understand why finance fundamentals are important for coaches.
- Understand the importance and impact of a budget for your business and how to budget effectively.
- Confidently track revenue and costs of your coaching business.
- Be able to effectively monitor performance and plan for the future as a self-employed coach.
From Baseline to Bottom Line: Finance Fundamentals for Coaches is a fantastic course for coaches who are self-employed, or who operate as a limited company. The different case studies, templates and knowledge checks included in this module will help you feel more empowered about managing your finances.
This course is part of the LTA and Deloitte’s business series. For more on business skills, you can explore the Growing Your Business Through Digital Marketing and Stakeholder Communication and Optimising Your Brand courses.
The LTA is the national governing body for tennis in Great Britain, and its mission is to get more people play tennis more often. The LTA focuses on a number of key areas of work which include coach development, competition and major events, high performance support, officiating and participation support among others.
The Lawn Tennis Association (LTA) provides online educational courses for coaches, officials and other tennis stakeholders. Content is developed, delivered and authored by the LTA.