This course is a FREE 12 hours of Business Support course provided by the South East Business Boost. The course is available to eligible businesses within the Essex local authority area.

Register your business onto the South East Business Boost programme to attend this new exciting 12 hour course.

https://sebb.enterprisesupportalliance.com/

Businesses must attend all four dates listed as the course is split into four modules.

Who should attend?

Whether you are experienced in running a business or just starting up, understanding the numbers is a key ingredient for success. These bite-sized courses will give you an introduction to the key financial considerations for any business, provide you with the tools to enable you to measure financial performance and help you to consider funding options should they be required

Course Overview:

Session 1 – Accounting Basics

• Profit and Loss and balance sheet. What are they?

• How are they compiled?

• How can I measure the financial performance of my business?

Session 2 – Managing Cashflow and Measuring Financial Performance

• Explanation of why “Cash is King”

• How to improve cashflow

• Measuring use of cash in your business

Session 3 – Financial Forecasting

• What are the differences between a cashflow forecast and Profit and Loss forecast

• Do’s and Don’ts of forecasting

• Importance of measuring actual performance against forecasts

Session 4 – Raising Finance

• What different options are available to finance your business?

• The new Recovery Loan Scheme and its key features

• Difference between Debt and Equity finance