Finance for Non-Financial Entrepreneurs

In this 2 day course, you’ll gain a basic understanding of finance and accounting concepts to drive the success of your business.

This course aims to demystify the accounting language so that you are in control of the financial performance of your business, helping you forecast for the future, evaluate your current efforts, and establish strategies to meet your goals.

The course will be run in person over two days, in 7 hour sessions (with 1 hour lunch breaks) on 11th January & 18th January.

Dates: Wednesday 11th & 18th January 2023

Time: 9:30am – 4:30pm

Where: The View Hotel, Grand Parade, Eastbourne, BN21 4DN

Fee: Free

For: Businesses based in or shortly moving to East Sussex

Even if you plan to hire an accountant, you still need to understand accounting information to make better, more informed decisions about your business. This course will give you the tools necessary to have a better understanding of what the professionals are saying down the line, so you can run your business better.

You’ll learn about double-entry bookkeeping, trial balances, profit and loss statements, and other must-have accounting topics, and in further sessions, you’ll learn how to apply these techniques to manage your business better, which will give you confidence and control when making financial decisions.

**Please note: lunch is not provided however, there is a refreshments area for drinks and snacks**

What it covers:

• Double-entry bookkeeping
• Preparation of profit and loss accounts, balance sheets, and cash-flow statements
• Analysis of accounting reports
• Controlling cash
• Sources of funding
• Business planning, budgets, cash flow forecasting, and variance analysis
• Break-even analysis
• Capital appraisal
• Product costing

Who it is for:

The course is aimed at a whole range of businesses from start-up founders to local business owners to corporates and is geared to anyone without a finance or accounting background. Your business must be based in or shortly relocating to East Sussex.

Who should attend:

• Entrepreneurs
• Micro business owners
• Small business owners
• Middle managers
• Consultants
• Coaches
• E-commerce businesses
• Digital marketers
• Service based business owners

Skills gained:

The full value from this course is only be gained by full participation in both days. After completing the course, delegates will be able to:

• understand basic financial documents used in business
• interpret the information in these documents, and use it to manage day-to-day business activity
• be more effective in their role

About the Organiser: Jim Fletcher ACMA GCMA

Jim is a business manager with Locate East Sussex and a dedicated business coach with 40 years’ commercial leadership experience. Drawing on his long career in the manufacturing and engineering sector, Jim provides tailored coaching, consultancy, non-executive directorship and project management services, across a full range of management, finance, sales & marketing and operations functions.

This workshop is provided courtesy of Locate East Sussex, a business support service delivered for companies located in the area covered by East Sussex County Council, paying business rates to either Eastbourne Borough Council, Hastings Borough Council, Lewes District Council, Rother District Council or Wealden District Council. Locate East Sussex who is funded by East Sussex County Council, the 5 District and Borough Council and the European Regional Development Fund, offer 12 hours free business support to businesses in the county or looking to relocate into the county, with advice, access to funding, and support with finding commercial property.

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