THE ONE DAY WORKSHOP: Financial & Commercial Awareness
Each pub team is 2 or 3 people and we recommend using either 3 or 4 live pubs. This gives a group size of between 6 and 12 people. A fifth team can be incorporated if needed.
​
The PowerPoint slides and booklets can be branded to meet your requirements. We can also adapt materials to enhance consistency with your own terminology.
​
The default agenda includes the Profit & Loss Account, Balance Sheet and Cash Flow, as well as key ratio calculations. Some clients choose to omit the Balance Sheet and Cash Flow, which then allows for a shorter workshop or for the inclusion of other group exercises of particular relevance to the client. Teams then receive the simplified accounts shown here. The usual one-day timetable is shown below.
"Great fun from the start to the end but very informative. Brilliant way of learning the theory whilst making it practical." - J Hammond, Renewi plc
A Typical One Day Timetable
Note the general approach, used throughout the day:
​
-
Here's the theory
-
Watch me apply the theory to the Silver Bullet (one of the autopilot pubs)
-
Here are your latest accounts - now you apply the theory for your own pub...
9.00 Introduction to the Programme and to the Simulation
​
9.30 Teams study scenario, agree their market positioning and make Round 1 decisions (Summer).
​
10.00 Facilitator explains Profit & Loss Account and uses Silver Bullet accounts to demonstrate simulation's P&L, market reports and competitor analysis.
​
​
​
11.25 Teams review Round 1 accounts and make Round 2 decisions (Autumn)
​
11.50 Facilitator explains the Balance Sheet, illustrating with the Silver Bullet, introduces graphs.
​
12.15 Teams review Round 2 accounts and make Round 3 decisions (Winter).
​
​
​
1.20 Facilitator explains the Key Ratios; teams perform ratio analysis on their latest accounts, comparing their pub to the market average. Facilitator demonstrates with Silver Bullet ratios.
​
1.55 Teams review Round 3 accounts and make Round 4 decisions (Spring)
​
2.15 Facilitator explains the Cash Flow Statement, illustrating with the Silver Bullet,
​
​
​
2.50 Facilitator revisits the key points about the accounts and tests understanding.
​
3.10 Teams review Round 4 accounts and make Round 5 decisions (Summer again).
​
3.30 Facilitator presents Final Review, drawing out commercial learning points and revealing results.
​
4.20 Underwhelming prizes awarded; close.
​
​
​
​
​
Want a guided tour of the Virtual Village Pub Simulation?
Click HERE to leave your details and we'll find a time that suits you.