Know your Numbers to Grow your Business - Insight Workshop

Know your Numbers to Grow your Business - Insight Workshop

By RTC North Ltd - SUNE

Date and time

Fri, 20 Mar 2020 08:30 - 13:15 GMT

Location

RTC North

Loftus House Colima Avenue Sunderland SR5 3XB United Kingdom

Description

Most SME business owners think of their numbers and accounts, like a foreign language, something that is confusing and let’s face it boring. Yet numbers are a key part of the essential management information that you need to effectively run your business.

If you are building a business for the long term that is successful, efficient and profitable, it is one of the most important elements of running your business. Is your lack of knowledge holding your business back?

This workshop is for business owners who want to understand their businesses better and identify the key challenges around business numbers and finance. It’s about how you can take that understanding and use it to successfully drive your business forward. The workshop is most certainly not about accounting:

You should come away from the workshop with:

  • An ability to speak with confidence when challenged about your numbers if raising equity or debt finance.
  • A understanding of key information your accounts offer such as your best and worst performing products or services, breakeven and why you need to know this
  • Understanding the difference between your profit and your cash and how that can help you make decisions about spending and funding
  • A better understanding of how to ask the right questions of your accountant and do you have the right type of accountant on board
  • Understand how you can use understanding of how your numbers work to create a great successful business
  • Is your business operating efficiently and effectively as it should be with happy staff and happy customers driving profits
  • Is your cash locked up somewhere in the business?
  • Are you missing opportunities to scale quicker?
  • Have you financial challenges ahead and not sure what to do next?
  • Why running a business on an owner made excel cash flow spreadsheet is dangerous in the long term and a better way to manage your business.

The event will be run by Jon Symonds a highly experienced Executive and Non-executive director who has personally grown and scaled businesses successfully and who works with business owners helping them grow and develop theirs.

.

Organised by

 

Visit www.rtcnorth.co.uk for more on services, new programmes and new training courses for companies looking to grow.

 

Established in 1989 as the Regional Technology Centre for North East England, RTC has offices in Sunderland, Leeds, and Daresbury and is one of Europe's leading technology transfer companies with a trusted reputation for delivering services in innovation and business growth.

Sales Ended