Get to Grips with Business Finance
If you find understanding business finances daunting and complex, help is at hand with a new programme of workshops aimed at small and medium sized businesses in the London Borough of Hounslow.
The workshops will cover a range of everyday financial issues facing businesses, from understanding profit and loss, costing and pricing, through to how to raise finance to help your business grow. Any trading business based in Hounslow Borough and employs less than 50 people is eligible. The workshops are funded by London Borough of Hounslow.
At the end of the series of workshops, people who attended will have a greater understanding of business finances, and will be more confident in managing their business and talking finance with professionals such as accountants and bank staff.
There are four workshops in each cycle and you can come to just one or all but many businesses see the workshops as a complete programme. The following four workshops will be repeated in 2015 if you can’t make these.
- Understanding your Business Figures
- Preparation of Budgets and cashflow
- Calculating break-even, and Costing and Pricing
- Sources of finance to grow your business
“I’m not great with figures and having a fair understanding of the annual P&L accounts, I found the cashflow forecast was a completely different kettle of fish. Understanding the cash flow has opened up so many options for me. I now have a much deeper understanding of how the financial aspects of business work and how I can affect it. I’m thinking completely different now. Much more strategic now. I would absolutely recommend the programme.” Dr Duv Nar, DNA Dental Health Care
The 2015 workshops start on January 27th – booking via Eventbrite is on www.thamesideenterprise.org