Free financial fitness training for impact organisations
About the program
Xero For Good: Financial Fitness is a free program designed to help small businesses and impact organisations build confidence in managing their finances. Sefa has partnered with Xero to bring it to Australia's impact sector - so more social enterprises, charities, and not-for-profits can access the practical tools and support to do even more good.
Xero For Good: Financial Fitness
Start by diving into the short learning content, then if you like, you can apply for one-on-one mentoring from an accountant or bookkeeper to apply your learnings to your own organisation.
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Xero For Good: Financial Fitness learning content
A growing library of short videos and practical guides designed to fit into your busy schedule. Many modules only take 5 minutes to complete, work through them at your own pace and build your financial knowledge over time.
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Xero For Good: Financial Fitness mentoring
Free one-on-one mentoring with volunteer accountants and bookkeepers from the Xero advisor network. Get support in applying insights you’ve learnt from the free learning resources to your organisation.
Apply for mentoringStart building your financial fitness now!
What you'll learn
The content hub is a growing library of short videos and guides each designed to take under five minutes. You can work through them in any order, whenever time allows.
Topics covered include:
Business finances - the basics of how money flows through your organisation, and how to separate your business and personal finances
Financial statements - how to read a profit and loss statement, balance sheet, and cash flow statement with confidence
Cash flow forecasting - understanding what's coming in and going out, so you can plan ahead
Budgeting - how to build a budget that's actually useful for your organisation
Financial terms - plain-language help to make sense of common finance terminology
Once you've started exploring the content, you can apply to be matched with a volunteer accountant or bookkeeper from the Xero network through the Ambassador Program. It's free, done virtually, and designed to help you apply what you've learned to your own organisation's situation.
Get started now. It's free!
The training is available now completely free - and you don't have to be an existing Xero customer or Sefa client to access it. Start anytime and work through the content at your own pace.
FAQs
No. The Xero For Good: Financial fitness program is open to any and all small business owners and entrepreneurs in Australia.
The Xero For Good Ambassador Program provides small businesses with free mentoring from accounting and bookkeeping volunteers from the Xero advisor network. It’s designed to help you apply insights they've learnt from the free Xero For Good: Financial fitness learning resources to your own business.
Please note that the program is not intended to provide technical support for using Xero. For small businesses seeking specific advice related to understanding Xero's product features, we recommend searching for an accountant or bookkeeper in the Xero advisor directory. For technical assistance with your Xero account, you can refer to the support guide.
No! The learning content is free to use, no need to apply or even log in! Start now and work your way through the short videos, guides and quizzes. Even 5 minutes a week can make a huge difference to your financial confidence!
Once you have created your account and filled out your profile, Mentorloop will run an automated matching recommendation based on your needs and expertise, respectively. This will be reviewed by the Xero team to ensure quality matches and connect in Mentorloop.
Xero aims to have participants matched within 1 week of completing their sign up, however this is based on mentor availability.
If you haven’t been matched within a month of signing up to Mentorloop, feel free to contact the team at xeroforgood@xero.com for assistance.