Be Confident in Your Business Finance

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Location

Committee Rooms 1 & 2

Harrow Civic Centre

Station Road

Harrow

HA1 2XY

United Kingdom

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Event description

Description

This workshop is funded by Brunel University and ERDF and in partnership with Harrow Council to offer you free support. Designed for London based SMEs (trading businesses only).

This is designed to cover most aspects of your business finance. The objectives of the workshop are to help you:

A - Develop a greater understanding about financial matters

B - Build confidence in cashflow forecasting, making a profit and managing your money


Our aim through this workshop is to reinforce the handling of finance as one of the important tasks in running a successful business. We will learn or revisit the costs of starting and running the business, determine the current financial situation and how to finance your business.


The workshop will cover:

- Understanding costs, projected profit and loss accounts and balance sheet

- Gross Profit Margin and breakeven analysis calculations

- How to interpret the changes in the gross profit margin % as a measure of business performance

- Profit and Loss and Cashflow Forecast - how to improve your profitability and cashflow

- Pricing models/strategies/budgeting

- HM Revenue & Customs

You will walk away with a better understanding of financial modelling and budgeting in relation to costs as well as key tips/tools, software and Apps that will make them more adept in running a successful business.

This is the second workshop in a programme of 2

Workshop 1: How to Grow your customers and market your business

Workshop 2: Business Finance | How to save money on costs for your business

Date and Time

Location

Committee Rooms 1 & 2

Harrow Civic Centre

Station Road

Harrow

HA1 2XY

United Kingdom

View Map

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