(full day –buffet lunch provided)
One must now keep financial records under the rules of Self-Assessment. The easiest method is by a simple cash book system showing income and expenditure. This can be done manually or by computerised systems.
You need to understand where income is coming from and where expenses are going. A business is about producing profit and generating cash. How does one know when this is happening or not ? If there is no control mechanism the chances are that one will not know until it is too late.
The workshop will explain how to structure and use financial records, develop a monitoring system and be aware of actions that should be taken.
Included in the day will be presentations from experts from HMRC on the intricacies of VAT and Income Tax for the new and small businesses.
Trevor has worked in various financial and general management positions for 30+ years and now blends the roles of non-executive directorships with consultancy and training.
He has a broad range of business experience and has the ability to train on financial matters in a format and a language that will enable people both to understand the finances of their businesses and gain confidence and knowledge of the subject.
Menta - The Suffolk Enterprise Agency.
Menta is a not-for-profit social enterprise - we exist to help you start and grow your small business.
We provide a range of employment and HR courses, suitable for SMEs in the East Anglia region.
We can help you manage your team, follow employment legislation and motivate your team more efficiently, so you can grow your business more effectively.
If you have any bespoke training courses or coaching needs, please do get in touch.
Contact us on 0800 085 5090
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