Good Essay About Seminar Manual

Introduction

Turning out to be a peak-performing business sale expert is not merely held in reserve for individuals talented with ordinary skills as well as abilities, nor is it an easy title to earn. By the side of qualified sales representatives, we accept as true that successive in sales necessitates thoughtful in addition to performing central part strategies plus tactics — furthermore, holding on a demonstrated line of attack that spotlights on getting to the bottom of customers' inconveniences and understanding where they are in the big business process. Financial seminars are the most effectual and well-organized tool for marketing your business. There is basically no better way for agents, brokers, and advisors to come across exceedingly competent prospect. The seminar designed to train front office staffs can be broadly categorized into three major sections, that is, phase one (pre-event), phase two (event) and finally phase three (post event). In the initial phase, we are going to describe clearly the structure and scope of the finance-training program as well as comprehend the configuration of firms that deal in finances, and finally the finance functions at the business level. In phase two, we are going to review the available four training procedures. Finally yet importantly, in phase three previews all the activities expected after the seminar. This seminar edition of The Financial Service Organization Seminar Manual is intended for use by the seminar instructors conducting seminars on financial services. The seminar will be carried out by seminar instructor and will be covered in three phases namely pre-seminar, seminar, and post-seminar.

PHASE 1: PRE- SEMINAR ACTIVITIES

Set the date and time of the seminar
This is the most important step. Time and date of conducting a seminar can influence the seminar attendance. Set the date and time that will enable participants to attend in large numbers.

Create Invitation List

Create an invitee list. Ensure your invitees are ideal clients who are cable of generating ideal referrals. Choose clients who are satisfied with your services who are can provide an endorsement for third parties that transform into clients the prospect. Focus on strategic partners during the invitations.

Assemble the facilitators

team
Decide on the people who will undertake the duty of facilitating during the entire seminar event. Ensure your team members are qualified and have background information on the study topics. Create a systematic procedure of how the event will follow each other during the entire seminar period, this will save time in the event of a change in personnel.
This is a very important undertaking for any seminar event. The location of the seminar event can have a significance impact on the seminar outcome. Select a venue that can be viewed by the participants as special, the purpose of which is to increase the seminar attendance. Consider a quiet private location to avoid the possibility of unnecessary disturbance. If necessary, ask the participants to suggest the venue of their choice for the seminar.

Prepare Seminar Materials

Make available all the materials that will be used at the seminar. Decide on the material to be distributed before the seminar and the ones that should be distributed during the seminar. Avail the invitation and confirmation letters, follow-up letters, and the phone scripts and acquire enough workbooks for the event. Decide whether evaluation forms are needed and acquire where necessary.

Stating the objective of the seminar

Discuss the reason for convening the seminar. Familiarize participants with the topics of study
Introduce banking, budgeting, and savings account, insurance and retirements, consumer loans and credit cards, heal expense and management, property and risk management.

Distribution of text and other relevant information

Distribute the text and other supplementary materials to the participants for familiarity and strategic reading purposes. The purpose of which is to familiarize with the text structure during inspectional reading. Decide on a suitable sitting arrangement of the facilitators and the participant. Make the facilitators and the participants to seat while facing each other, Display the name of each participant in the seminar room banker for identity purposes.

PHASE 2: DURING SEMINAR

Step2: Comprehending the financial services organizational structure
The division tasked with handling financial services consults the directors as develop and implement to institute and implement rules that are in tandem with the authority’s expectations. These rules are meant to boost product and service delivery to levels that they either meet or surpass expectations, while upholding the company’s security. In this way, government agencies are able to gather data and analyze them with the intention of enhancing management.

Step3: Financial services areas of diligence

The Chief Finance Officer’s portfolio includes risk management, budgeting, finance, procurement, accounts payables, accounting, and grants management. The budgeting director and other finance chiefs work with the finance division to come up with financial strategies. This team also approves budget adjustments and works under the budgeting manager.
The risk management division’s mandate is offer a good working environment. This team handles well-being, payments, insurance covers, and disaster preparation. The procurements sector has the responsibility of making acquisitions; all purchases go through them. The accounts payable department handles all invoices irrespective of whether they come from individuals or public institutions. On the other hand, Accounting covers expenses that are physical in nature and bestows journal entries. It also oversees the records and updates the account code structure. Lastly, grant management oversees the application process in addition to national and regional grants.

Step4: Structure and scope of the Finance Training Program

Successful running of the twelve-monthly firm`s budget needs a well-versed and well trained front office administrative staff. The financial partners have built up a training program designed for aiding the firm front office administrative staff

Step5: Finance functions in organizations

Many organizational processes and undertakings are related to finance in one way or the other and can, therefore, be said to fall under financial services. The table below provides examples of such finance related functions:

Step 6: Preparation

The foremost unit is known as prepare. This is a preliminary course that covers up the fundamentals of the firms’ finances. The topics covered here incorporate setting up and updating Xero System reports, Xero versus ERP accounting systems, and the account code structure.

Step 7: Management

After the “prepare” stage comes “manage.” It offers participants hands-on oversight over non-remuneration and payroll plans by incorporating ledgers and reports. It builds on the basics covered in the “prepare” stage by introducing tools vital to budget management The second section is referred to as manage. The “manage” stage incorporates comprehension of information obtained from Xero reports and the use of MS Excel ledgers. It can be implemented in two distinct levels mentioned above: over non-remuneration and payroll plans. This is represented by “NS” and “P” for the former and the latter respectively.

Step 8: Reconciliation

The next stage, “reconcile” tackles the reconciliation of the two ledgers. The goal here is the identification of discrepancies in expenditure that were not covered in the budget. Just like “manage” and “prepare,” the course is available in the two levels mentioned earlier: P and NS

Step 9: Correction

The concluding module is termed “Correct.” This component marks the ultimate phase of triumphant budget administration, which involves making corrections. After discrepancies are identified, participants learn how to rectify the errors so that they meet expectations. The areas of interest at this level include organizational queries, journal entries, budget transfers, and how to distinguish them.

In addition to the levels tackled above, open labs and ZOOM summits can be used.

All secretaries and assistants undergo training regardless of whether they are veterans or new in the firm. Extra effort can be put into the realization of extra sessions to take care of extra areas pertinent to the administration of a firm’s assets.
There will be extra sessions geared towards providing urgent detailed coverage in unclear areas of the budget life cycle. These will be covered under ZOOM and will include filling budget forms and proletarian ledgers. As all management staff in a firm have access to open lab, they may use them whenever they wish as it becomes necessary and they should not be replaced by unlock labs.
The training subjects and materials specifically encompass budgeting and by large financial services divisions. As stated earlier, they will revolve around endowments, acquisition, and general accounting.

Step10: Discussion on Personal Finance

Step 11: Savings accounts and interest
Discuss the meaning of saving, reasons for saving and the concept of interest.
Discuss the importance of saving account bin financial plan.
Explain why some people save while others don not save Damodaran, A. (20010).

Saving

Explain the meaning saving.
Discuss surplus income and why people should find it necessary to save this surplus income.
Discuss interest rates and investments.
Make a comparison of interest yield from saving accounts and investments. Zepernick, R. (2006).

Liquidity

Discuss the meaning of liquidity.
Make a clear comparison between the savings account and investment with respect to liquidity.
Explain the accessibility of the savings account and investment
How people save
Explain clearly the steps which are necessary for an individual to start saving.
Discuss the reasons why many people find it hard to start saving such as; lack of future goals, credit is easily available, low interest earned from the money saved and availability of job security.

Let the facilitators brainstorm with the participants on their future financial goals.

Importance of savings account
Discuss the value of a savings account.
Discuss a number of factors that should be considered when choosing saving account such as interest rate, minimum balance that is required for the account, fees that are being charges and penalties where necessary and the method being used in calculating balance.
Discuss the individual factors such as the income of an individual, the budget of an individual and the saving reasons Zepernick, R. (2006).

Step15: Financial institutions

Discuss thee meaning and purpose of financial institutions. Discuss the various classifications of financial institutions. Discuss deposit taking and non-deposit taking financial institutions. Discuss the role played by the deposit taking and non-deposit taking financial institution in Discuss commercial banks and their functions. Discuss the role of the commercial banks in banking service and their operation. The purpose of which to enable the participant to eventually appreciate the role played by the banking services in facilitating the day to toy business activities. Discuss the functions of commercial banks such a transformation of assets, management of risk, liquidity and payment services and monitoring borrowers and information processing.

Phase 3: Post- Seminar Process

Take the participant through a period of self-assessment. The participants to review individual participation goals that were set during the pre-seminar process. Make the participants write a report on their performance with respect to their goals Barker, E. (2004). Move post-seminar process into discussions on the progress made by the participants, which will enable them to reach a common goal.
Let the participants form groups of a few members. Make the groups ask open-end question to other group members in order to bring dynamic in the groups. Ask few participants to share their individual group assessments. Remind the participants to focus on their next seminar as a final move in post-seminar process.

Reference

Zepernick, R. (2006). 1-2-3 Witness Seminar Leader's Manual. Xulon Press.
Barker, E. (2004). Food preparation seminar: Instructor manual. Oklahoma City: Oklahoma State Dept. of Human Services.
N . Applied corporate finance: A user's manual. New York: J. Wiley & Sons