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Financial management for my business - Watford

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Location

The Wenta Business Centre

Colne Way

Watford

WD24 7ND

United Kingdom

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Event description
Financial management for my business - Face-to-face workshop

About this event

This is a face-to-face workshop (yes, with REAL people, in-person!)

During the workshop there will be the opportunity for networking with the other like-minded people and hear from other business owners.

Who is this workshop for?

This webinar has been designed as a beginner's guide for businesses, focused on the subject of Finance and Bookkeeping.

Overview:

For a business to succeed the finances must add up. This workshop gives you an understanding of the financial implications of running your own business. It also teaches you bookkeeping to an acceptable standard for HMRC.

This workshop will allow you the opportunity to ask questions and to discuss your ideas with others in the same position as you. Talking to others in the same boat can be great for building confidence and gaining some inspiration. Delegates find they leave with practical knowledge, new ideas and often some useful contacts too.

Agenda:

Legal Status of Business and Basic Bookkeeping

  • Considering the Legal Status of your business, covering pros and cons of each ‘format of business’
  • Introducing you to the fundamentals of the basic bookkeeping process

BREAK / Optional networking time

Cashflow, Profit and Loss

  • Profit and loss forecasting and management; how to determine the profitability of your business
  • Cashflow forecasting and management; understanding the cash required to start up and run your business
  • The importance of both in ensuring your business is on an even keel financially

LUNCH / Optional networking time

VAT, NIC, Personal and Business Tax

  • VAT – thresholds, registration, recording and returns
  • NIC – reviews all classes of NIC – NIC1,2 and 4
  • Taxation – covers personal taxation and company (corporate) taxation

COVID-19 safeguarding measures and controls at Wenta:

Here at Wenta we’re following all Government guidelines and advice with regards to COVID-19 safety measures.

Our number one priority is the safety of Wenta clients and staff so safety measures have been implemented across all of our training venues.

You can take a look at our Wenta COVID-19 Risk Assessment here to see what has been implemented to protect our staff, clients and suppliers from coronavirus.

We are operating one way systems across our business centres. We will provide hand washing facilities (soap and water) and alcohol-based hand gel in areas where washing facilities are not readily available.

Delegates will be encouraged to wash their hands regularly and follow all Government guidelines.

Data Collecting:

Information collected here will be processed by Wenta and shared with our programme partners such as Hertfordshire LEP, Watford Borough Council, Stevenage Borough Council and Ministry of Housing, Communities and Local Government for programme data reporting purposes only. Data that is collected here will be used to provide further business advice and support information to you. Please visit Wenta’s Privacy Policy for more information.

If you do not wish for your data to be used for marketing purposes such as the Wenta Mailing List, please ensure you do not select the relevant box for the Mailing List ‘opt-in’.

Data Sharing:

We have data sharing arrangements in place with programme and contract partners such as Hertfordshire LEP, Watford Borough Council, Stevenage Borough Council and Ministry of Housing, Communities and Local Government, who we work with to provide certain services to you. Under data sharing arrangements, certain personal information is shared for a specific purpose. The local authority or organisation receiving the information must only use that information to carry out that specific purpose, and keep your data safe and secure. Please visit Wenta’s Privacy Policy for more information.

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Date and time

Location

The Wenta Business Centre

Colne Way

Watford

WD24 7ND

United Kingdom

View Map

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Organiser Wenta

Organiser of Financial management for my business - Watford

As well as free training webinars and workshops. here at Wenta, we deliver free business advice and support online via our Live Chat Service, as well as offering phone appointments and face-to-face business advice too!

You can also access a wealth of free useful articles, resources, templates, tips and tricks on our Business Bookshelf

Whether you have a business idea you'd like to explore or you're already running a small business, our team of experienced Business Advisors can provide you with advice, guidance and support.

Plus, we have flexible, affordable workspace for rent at our Business Centres in Stevenage, Potters Bar, Watford and Enfiled.

Visit our website to learn more about us and check out our support and services!

https://wenta.co.uk/

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