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Business Finance Demystified! For All Small Business Owners. London.
Wed, May 17, 2017, 2:00 PM – 5:30 PM BST
Feeling confused about your business finances?
Not sure if your business is doing well or not?
Worried about what the numbers might mean?
If you'd like to feel in control of your business's finances and sleep comfortably at night then this introductory course could be for you!
As a business owner it's important that you get the financial reward for your hard work - which means understanding where it's coming from and where it's going to - and that means having a sound understanding of the basics of business finance.
As a result you'll know what's going on in your business, be able to plan for the future and make better business decisions.
Take back control
Many business owners leave all the finances to their accountant, only look at the finances a couple of times a year or don't know how to get useful insights from the information. Don't leave your financial future in the hands of others! You're probably investing time, energy and money in creating financial information but don't know what to do with it. At the moment it's an unwelcome cost, but in reality that data is a valuable asset that can help you make better and more profitable decisions!
Learn the basics
This accessible and simple half-day course will give you a grounding in the basics of financial management, and demystify the key financial concepts, including:
- profit and loss accounts - and how to interpret them
- balance sheets - and what they mean
- cashflow forecasts - and how to use them to sleep well at night
- key ratios - and how to measure your financial performance
Grow your business
Maybe your business has grown and got more complicated and now is the time to get on top of the finances to confidently manage the next phase of growth. There's no need to fear the numbers or worry about them, understanding a few key concepts will empower you to get the answers you need to run your business.
Get the information you need
Only you really understand the detail of your business and how it works - imagine if you also understood the story that the numbers were telling! That is a very powerful position to be in because you can then make far better decisions for the business than any external accountant or financial expert who's just looking at the numbers.
To get really useful information you need to ask the right questions - during the session we will consider some of the questions that you may be asking yourself, such as:
- how much cash does my business have - and is it enough?
- how much is my business worth?
- how profitable is my business?
- where does the profit comes from?
- where should I focus to improve profitability?
- how could I save time, cost and energy without harming the business?
- where should I invest to develop the business further?
If you're fed up with working on a hunch and want to get on top of your business finances and stay in control then book onto this introductory course.
The financial affairs of your business are simply too important to ignore!
About the presenter
Andy Turnbull is a business coach and accountant who works with business owners to develop their potential and the potential of their business. He has been working with non-finance people to understand key finance concepts and apply them to their business for over 20 years. Andy is a qualified accountant and Fellow of the Institute of Leadership and Management.
Creative and inspirational venue
The venue is a creative and inspiring environment with fresh modern decor designed to unlock your creativity. A great place to step away from your business for a few hours and think of new possibilities. They even have the words "Another World Is Possible" mounted over the entrance!
Included in the price is a workbook crammed full of tools to help you put your learning into action after the workshop.
Optional personal coaching session
As a special offer you can also purchase a one-hour follow-up coaching session with Andy by telephone or Skype at a discounted rate. You can use this after the workshop in whatever way you would like - this could include expanding your understanding of certain key points or exploring financial issues specific to your business. This offer is limited to only a small number of attendees and is only available when you purchase your ticket - be sure to select the "coaching package" ticket option.
How do I get to the venue?
CitizenM London Bankside is just a few minutes walk from Tate Modern. It is easily accessible from a number of stations. Waterloo, London Bridge, and Cannon Street stations are about 10-15 minutes walk. Southwark tube station is less than 10 minutes.
Where can I contact the organiser with any questions?
Contact the organiser by email using the contact button at the bottom of this page.
Do I have to bring my printed ticket to the event?
No - just bring yourself!
The name on the registration/ticket doesn't match the attendee. Is that okay?
It's fine for a colleague to attend in your place - just let us know when you arrive.
Are refreshments provided?
Yes, tea and coffee will be provided. In addition there is food and drink available to purchase at the canteen in the building.