Two-Day Courses
​
The two-day course features five rounds of the simulation (ie the same as the one-day course). All of the contents from the one-day course is included in the two-day version.
The additional time allows for the inclusion of other topics. These will differ depending on the client, but subjects may include:
-
​Working with margins – exercises around price, volume and profit
-
Cost behaviour – fixed, variable, mixed
-
Break-even analysis
-
Price promotions, with and without cannibalisation
-
Budgeting – what, why and how
-
Budgeting – analysing and explaining variances
-
Managing working capital (stock and/or debtors, depending on relevance)
-
Capital investment decisions – an awareness of the different approaches
Where possible, these topics are addressed by using the data being produced by the business simulation, for example:​​
​
-
​explaining changes in our pub's Gross Profit by analysing changes in customer numbers, spend per head and gross margin.
-
calculating our selling prices based on our pub's gross margin
-
working out our pub's break-even point
-
preparing a Year 2 budget for our pub - building up the figures by analysing market size, market share, spend per head, gross margins, stock shrinkage, promotional margin dilution, cost behaviour.
-
analysing budget variances for our pub
The two-day course is best experienced as a 'face-to-face' event. If it is necessary to run it online, we would suggest running the two days separately, such as a Monday and Friday or two consecutive Fridays. This gives participants an opportunity to refresh and reflect and to come back with more questions. The second day will always begin with a recap of the most important learning from the first day.
Two-day courses can accommodate between 4 and 8 people in the training room. Online groups are limited to a maximum of 6 people.