Accounts and Seed Finance - an introduction to the terminology, statements, and more

Host: ScaleUp 360

Location: Online

Cost: FREE

Dates:

Wednesday, 26th January 2022 at 6:00pm - 8:00pm

What we cover
 
The course introduces key financial concepts, demystifies the terminology, and builds confidence in interpreting your accounts.
 
It is a highly practical, emphasising the importance of sound finance to every business and where to get help.
 
The morning starts with a look at finance: what it is, why it matters, how to measure, where to record, and who needs to know.
 
It then moves on to consider the three essential statements: cashflow, profit and loss, and the balance sheet.
 
We then look at how to draw up a budget before we consider the importance of cashflow and how to manage it.
 
The group then learns where to find help and resources and spell out the benefits of using a bookkeeper or accountant.

The workshop ends with a brief look at how to get finance: types to consider, the pros and cons, what it costs, and how to secure it!
 
What will I learn?
the importance of finance to your long term success
the basics of the three financial statements: cashflow, P&L, and balance sheet
best practice in drawing up a budget for your business
manage cashflow to ensure your short term survival
understand your financial needs and how to meet them
whether raising capital is right for your business.

Who should attend?
 
Any entrepreneur, director, or manager who want to make sure their finances are in good order and how to interpret their accounts.

Further Details
This workshop is pre-recorded and streamed as live at the advertised time. The link will be sent once you have booked a place.  You can book using your ScaleUp 360 website login details, but if you have any problems please contact scaleup360@shu.ac.uk. 

ScaleUp 360 events are exclusively for those registered on the programme. To register for the programme complete our online form and we will be in touch as soon as possible. 

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John O'Donnell
Business Finance Manager
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