Knowing your numbers and Good Cash Management

Any business ultimately needs to generate profits and cash in order to survive, let alone grow. While accountancy and bookkeeping may take many entrepreneurs out of their comfort zone, understanding the numbers is a critical skill to developing a healthy and valuable enterprise.

Together we will run through the importance of (and look at some top tips for managing):

Setting your goals
Developing your financial plan
Measuring performance
Meeting your compliance obligations; and
Understanding your business trends

You will come to see the numbers as your friend rather than the source of pain.

Charlotte runs her own small business (Prime Numbers) https://www.primenumbersca.co.uk/, working with a portfolio of entrepreneurial clients, helping them with their ongoing compliance and coaching them to understand and manage their business finances.

Charlotte qualified as a Chartered Accountant with PricewaterhouseCoopers in 2000. She joined an Edinburgh-based independent firm in 2006, gaining experience of a wide variety of owner managed business clients and charities, before practicing as a sole practitioner from 2010, advising small businesses, charities and individuals, on a wide range of matters.

Charlotte Tucker FCA and Director of Prime Numbers on Knowing your Numbers and Good Cash Management