Finance for Non Financial Entrepreneurs – North Essex

In this 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 over three hours 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.

Details of the event:

Date: Wednesday 25th September 2024

Time: 9:30am – 12:30pm

Location: Online

For: Businesses based in North Essex (Braintree, Chelmsford, Colchester, Maldon, and Tendring)

Cost: Free

 

More about the course

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 webinar 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.

What it covers:

Part 1

• Historical business finance measurement
• The main performance measure – Profit & Loss
• The main valuation measure – Balance Sheet
• The importance of cash management and working capital

Part 2

• How to apply this knowledge to business planning and targeting
• Using the above measurement tools to help plan and forecast business performance, particularly Profit & Loss and Cashflow and the key differences between them
• Break even
• Pricing methods

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 North Essex (either Braintree, Chelmsford, Colchester, Maldon, or Tendring).

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:

• 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

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