Focus on Finance Workshop

Workshop & Networking

2.5hr business workshop ‘Focus on Finance’ in partnership with Jennifer Lambden of Business Growth Specialists UK Ltd and IBD Business Advice Group.

The workshop begins with an overview of why sound financial management needs to be the central support pillar of your business. We’ll introduce and explain the basics of financial awareness including the jargon, legal obligations, and best-practice advice to manage your business finances.  We’ll then take an in-depth look at cashflow and credit control in a small business, mindful of the fact that ‘cash is king’ after all, and we’ll link these together with other areas of business activity.

Content:

09.00 – Arrival, Registration and Open Networking

09.20 – Introductions & Announcements

09.30-11.30 – ‘Focus on Finance’ Workshop including:

• Understanding your business numbers.What do you really need to understand and why
• How to master the numbers – procedures and advice on best-practice
• Busting the financial jargon used in business
• Sources of support and information
• Financial Efficiency For Growth
• The two big C’s – Cashflow and Credit Control
• Key issues facing SME’s today and how they all connect with cash flow and growth, including getting paid, credit terms, chasing debts, leveraging your marketing (free resources v’s paid), increasing sales whilst managing the risk to your business, cost of sales, and understanding the difference between turnover and profit.

Notes:

• £25 (including training resources and refreshments).
• Due to high demand, please note that any cancellations made in the last 48 hours will be subject to a £10 admin fee