Managing Finance

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Description

We know delegates are likely to be at different levels when it comes to their understanding of finance for business.

That’s why we’ve tailored this session to naturally involve Peer Learning. There’s real benefit in working collaboratively in pairs or small groups to discuss concepts or find solutions to problems.

**This workshop is open to established businesses located in Amber Valley, Chesterfield, Derbyshire Dales, Derby City, Erewash, High Peak, North East Derbyshire and South Derbyshire.**

Overview

Who should attend?
Aimed at SME owners, directors & senior managers with overall responsibility for managing the business. It is aimed at non-financial experts. Delegates will typically be business leaders without formal financial training, i.e. not Accountants.

What’s covered:
• The standard business financial models of the Balance Sheet, P&L & Cashflow
• The numerous ways of funding a business from your own cash & assets to Private Equity & Crowd-funding
• Analysis of the financial statements & their link to strategies to improve performance
• Related Case Studies

Outcome

What outcomes will be achieved?
• Understand where they should focus for good business finance management

This first module will build confidence for the rest of the programme by discussing topics such as:
• Revenue & Expenses
• Cash, Inventory, Accounts Receivable & Payable
• Employees/ Payroll
• P&Lplus
• Preparing for Tax

Success will be measured by whether or not the delegates:
• Feel by the end that they can understand the 3 main financial reports: Balance Sheet, P&L & Cashflow, and
• Confident that they can interpret these reports and use them as a strategic tool to manage the business rather than just a scorecard after the event

Additional Information

Eligibility:

This workshop is open to established businesses located in Amber Valley, Chesterfield, Derbyshire Dales, Derby City, Erewash, High Peak, North East Derbyshire and South Derbyshire.

Receipt of this support is subject to the Subsidy Control Act (2022). To qualify an enterprise cannot have received more than £315,000 Minimal Financial Assistance (MFA) and or De Minimis within any three-year period.

The project is funded by the UK Government through the UK Shared Prosperity Fund.

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Presenters & Panelists

Chris Brown

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Description

Overview

Outcome

Additional Information

Presenters & Panelists

Chris Brown

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