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.

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:
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. In such instances, please contact the Events and Engagement Officer who will approve your booking.

Important:
Please only book if you are confident you can attend. Our workshop places are limited, and by reserving a spot and not attending, you are preventing someone else from participating. If you miss three or more events, you may be declined access to future sessions.

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.

This event is available for: Eligible SMEs

9:30am - 4:00pm

In-Person

South Derbyshire CVS, The Hive Training, Swadlincote, DE11 9AZ

This is an external event, and you will be directed to a different website.

Members must Sign in / Register to purchase member only tickets

*All our business prices are excluding VAT at 20%.

For further information on this event, please contact Kam Atker on 07971 403786 or email Kam.Atker@emc-dnl.co.uk

Presenters & Panelists

Chris Brown

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Description

Overview

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Additional Information

Presenters & Panelists

Chris Brown

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