Generation Next

Getting Started with Monthly Accounts

Finance

08/10/2024 9:30 am

08/10/2024 11:00 am

Online

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Online

For further information on this event, please contact: Hannah Kerridge on 07741163242 or email Hannah.Kerridge@emc-dnl.co.uk

Description

Many SMEs and micro businesses do not do monthly accounts instead relying on an external accountant to prepare VAT returns and an annual unaudited statement.

This webinar is aimed at these businesses and will take you through what you need, discuss systems and processes and include a case study in a small business that is implementing this level of control.

Overview

Who should attend:
The sessions are aimed at SME owners, directors and senior managers. Family business owners will find the discussions of particular interest. It is aimed at non-financial professionals but financial professionals will find it useful to understand how other people think and be most welcome.

What’s covered:
• P&L, Balance Sheet, Cashflow
• Monthly, quarterly and annual reports
• Planning – budgets, forecasts
• Ways of working – how to use the numbers
• Acquisitions and Exits

What outcomes can you expect from joining us

What outcomes will be achieved:
• You will appreciate what reports, controls and organisational structure is required to have good financial management
• You will understand what good looks like in terms of financial management
• You will have started to build a plan of what you need for your business

Chris Brown

Dr Chris Brown is an International Managing Director with a proven track record of delivering sustained growth and profit, through strategic business transformation across multiple sectors including Manufacturing, Engineering and Sports.

Additional Information

Eligibility:
Workshops are open to start-up and established small to medium sized enterprises located in the following local authority areas taking part in the East Midlands Chamber’s Accelerator project:
Amber Valley; Ashfield; Bassetlaw; Broxtowe; Chesterfield; Derby; Derbyshire Dales; Erewash; Gedling; High Peak; Leicester City; Mansfield; Newark & Sherwood; North East Derbyshire; Nottingham; Rushcliffe; South Derbyshire.
 
(Please note: Businesses based in districts not participating in the Accelerator project (i.e. Bolsover; Leicestershire) may attend providing they are members of East Midlands Chamber or Generation Next. In such instances, please contact Hannah Kerridge on 07741 163242 who will approve your booking.)
The Accelerator project delivers online webinars and full-day workshops. The webinars are designed as one-hour taster sessions and the workshops as full-day training sessions which are designed to provide delegates with an actionable plan and strategy.
 
This project is funded by the UK Government through the UK Shared Prosperity Fund (UKSPF) and is delivered by East Midlands Chamber, in collaboration with Generation Next.

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