Financial Awareness for Business Owners

New Anglia Growth Hub can help your business access a range of business support services from hundreds of sources. The hub’sIMPARTIALservice is fully funded and provided at no cost to your businessand can help you access grants, finance, international trade support, skills, training and other specialist advice from a single point of contact.OurBusiness Growth Adviserscan talk with you over the phone, via MS Teams or Zoom, or you can request a free appointment at your business premises.Our Business Support is available for all growing SMEs in Norfolk.For start up support please contact https://www.norfolk.gov.uk/bipcnorfolkTo get the most out of the service, call our local business support helpline:0300 333 6536Email: info@newangliagrowthhub.co.ukVisitNew Anglia Growth Hub websiteFollow us onFacebook,InstagramandLinkedIn

New Anglia Growth Hub

Build confidence with business finances, understand cash flow, pricing and profit, and make smarter decisions to support sustainable growth.

Scottow Enterprise Park

Summer workshop series for Norfolk & Suffolk SMEs

Join our summer workshop series for Norfolk and Suffolk SMEs, offering hands-on, expert-led sessions to help you strengthen your business, develop new skills, and thrive in a changing landscape

Bookings for this event have closed; if you want to book a last minute place please contact jo.barnard@newangliagrowthhub.co.uk

Being able to understand financial information is an essential skill for business owners. This brief course will provide you with the skills to read and interpret financial statements, understand key concepts, and produce and understand your own essential financial forecasts. Understanding key documents: the Balance Sheet and the Profit and Loss (P&amp;L) accountManaging the cash: fixed assets and working capitalThe cashflow cycle and overtradingCash management – Customers and credit control; suppliers, settlement discount, and engaging their supportManaging fixed costs and variable costsImproving financial performance and productivityTrends analysis,Ratios and marginsP&amp;L and Cashflow forecasting and budgetsYou’ll need to bring along a calculator. Extensive use is made of case studies to consider key concepts – if possible your own figures can also be considered Who should attend - Suitable for business managers and owners.Pre-course preparation:Real-life examples of finance-related, and non-confidential problems are welcome for discussion in the sessions. You are invited to bring along copies of published accounts relating to your organisation, or examples of non-confidential finance-related reports.Daily learning:The course will be supplemented by group discussion. In addition, your course leader will provide summaries of course activity, so that specific topics and examples are remembered, along with further suggested reading and resources.Meet the Trainer: <a href="https://www.deltic-training.co.uk/" title="https://www.deltic-training.co.uk/" target="_blank" data-msys-clicktrack="0" rel="nofollow noopener noreferrer">Mark Northway BA(Hons)</a>., is an independent training consultant. He is a former director and trustee of the Institute of Administrative Management, a Chief Examiner of the IAM, and a Princes Trust Award winner for his role in business mentoring in the UK.Mark has considerable experience in financial operation and planning within organisations, having held positions of Accountant, Financial Controller, and Finance Director, for UK and overseas companies. His experience covers sectors as diverse as practice, manufacturing, service and international organisations.A holder of the Batchelor of Arts in Administrative Management from the University of Lincoln, his areas of financial specialisation are in producing and decyphering accounts, producing forecasts, and making figures easily understood, however many zeros they may have!<h4>Eligibility:</h4>These small group workshops are funded by Norfolk County Council, Suffolk County Council, and The Department of Business and Trade and are open to any trading business, freelancer, or charity based in Norfolk or Suffolk, UK.<a href="https://www.newangliagrowthhub.co.uk/terms-conditions/" title="https://www.newangliagrowthhub.co.uk/terms-conditions/" target="_blank" data-msys-clicktrack="0" rel="nofollow noopener noreferrer">New Anglia Growth Hub T&amp;Cs</a>Due to funding restrictions, only one ticket per company is available initially. If a workshop is not fully booked, a second ticket may be requested the day before the event by contacting jo.barnard@newangliagrowthhub.co.uk

<a href="https://www.newangliagrowthhub.co.uk/about-us/" title="https://www.newangliagrowthhub.co.uk/about-us/" target="_blank" data-msys-clicktrack="0" rel="nofollow noopener noreferrer">New Anglia Growth Hub</a> can help your business access a range of business support services from hundreds of sources. The hub’s IMPARTIAL service is fully funded and provided at no cost to your business and can help you access grants, finance, international trade support, skills, training and a range of other specialist advice from single point of contact.Our Business Growth Advisers can talk with you over the phone or via Microsoft Teams or Zoom, or you can request a free appointment at your business premises.Our Business Support is available to all SMEs throughout Norfolk and Suffolk (UK).To get the most out of the service, call our local business support helpline:0300 333 6536Email: info@newangliagrowthhub.co.ukFollow us on <a href="https://www.twitter.com/AngliaHub" title="https://www.twitter.com/AngliaHub" target="_blank" data-msys-clicktrack="0" rel="nofollow noopener noreferrer">Twitter</a>, <a href="https://www.facebook.com/NewAngliaGrowthHub" title="https://www.facebook.com/NewAngliaGrowthHub" target="_blank" data-msys-clicktrack="0" rel="nofollow noopener noreferrer">Facebook</a>, and <a href="https://www.linkedin.com/company/12001251/" title="https://www.linkedin.com/company/12001251/" target="_blank" data-msys-clicktrack="0" rel="nofollow noopener noreferrer">LinkedIn</a>

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Financial Awareness for Business Owners

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