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Managing Business Growth - and still loving the business you're in!
Tue 15 November 2016, 12:00 – 14:00 GMT
This Lunch and Learn session is a collaboration between Business Gateway, Johnston Carmichael Accountants and The Royal Bank of Scotland. Business growth is not something that happens without careful planning and sound advice. These three organisations who regularly work with businesses looking to grow and develop will provide an overview of some new products, processes and services which may be useful when you are at that critical stage of ‘Scaling-Up’.
The session will cover
Planning to grow your business?
If you’re deciding whether growing the business is right for you, we will look at ways to do so through partnerships, innovation, increasing market share and supply chain opportunities. We’ll guide you in preparing a business plan for growth and meeting the challenges you’ll face.
Efficient Growth Planning and Management:
We will run through some vital considerations when planning and managing business growth as follows:
Effective production of robust and achievable financial projections
How to effectively monitor and assess business growth going forward
Software and tools to help maintain sufficient records to allow for effective monitoring and control of your business
Highlight tax considerations and implications of growth within a business
Consider which business structure is best suited to effective and sustainable business growth
Tax efficiencies to be obtained when re-investing in your business and also when extracting funds from your business
Cashflow Solutions – how can it help?
Discover how various cashflow solutions can allow your business to grow, from more efficient day to day cashflow management to better use of your business assets. We'll provide information on The Royal Bank of Scotland's product range which are designed with precision to ensure you have the right tools to run your business effectively.