Financial Planning & Funding
Take your accounts to the next level with a fresh look at how you manage your business finances in a simple step-by-step process.
Looking to get to grips with your business finances? Need to know your profit from your cashflow? This workshop is for you!
By taking your financial planning in bite sized chunks you will understand where there are opportunities to increase profits as well as avoiding potentially costly surprises later on.
Understanding your finances as well as knowing how to budget and where to access business funding is vital to ensure you can manage and grow your business effectively.
As many businesses have realised during the recent challenges, having a good grasp on your finances and being able to use that information to adapt quickly is very important to survive and thrive when the marketplace or entire industries change. We will look at ways to plan for future challenges so that you can develop a resilient and successful business, including diversification options.
During the workshop we will cover:
- An overview of business accounts
- Budgeting effectively
- Forecasting & developing resilience
- Understanding profit and cash flow
- Capital and Revenue
- Available funding and finance options
- Adapting to changes
The Thrive service has been fully-funded by the European Development Fund to allow us to offer you 12 hours of free business support through a range of one-to-one advice and workshops with expert advisors and speakers. This workshop forms part of the free support available to you so please visit our Thrive page for the full details.
Please note that there are a couple of online forms you will need to complete in order to attend our workshops. This is a requirement of the funding of the Thrive service and enables us to provide this support to you for free! Links to the forms will be emailed to you when you register but you can also find them here.
To be eligible to attend this free workshop you need to be based in Devon or Somerset (excluding Torridge, North Devon, North Somerset & BaNES). If you are unsure, you can check by entering your postcode into the Government Council Checker. You can find further details about the eligibility criteria here.
The Heart of the South West Growth Hub Service for All is receiving up to £781,965 of funding from the England European Regional Development Fund (ERDF). The accountable body for this programme is Devon County Council.