Host: D2N2 Growth Hub
Location: Action Planning Workshop
|Thursday, 12th August 2021 at 10:00am - 1:00pm|
A healthy and well-managed cash flow is the lifeblood of pretty much every commercial organisation - particularly new start-ups and SMEs. Managing cash effectively should always be a key priority, but especially during challenging and unpredictable trading conditions.
One of the key tools in cash management is a forward-looking cash flow forecast. It’s an essential tool for business planning, helping predict bumps in the road and empowering business owners and finance managers to take timely action. While creating and maintaining a forecast sounds potentially complex for a small business, with a little knowledge it doesn’t have to be - this session will take you through the steps to getting started with relative ease.
This session is aimed at SMEs and is ideal for business owners and finance managers, who are responsible for cash management and would like to improve the financial performance of their businesses.
Please note that this workshop is open to trading SMEs based in Derby, Derbyshire, Nottingham and Nottinghamshire. Businesses located outside of this area will be unable to attend and instead directed to alternative support.
Understanding why every business needs a cash flow forecast.
Looking at how a cash flow forecast differs from a profit and loss forecast.
Taking steps to build a cash flow forecast, using a real-life small business case study.
Exploring the software available to help build a forecast.
Using your forecast to help you decide on the right actions for your business.
After attending this workshop, you will:
Create and use a forecast for your business.
Predict, track and manage cash movements, to keep your organisation financially buoyant.
Maintain financial stability to support resilience and future growth.
This is an interactive, Action Planning Online Workshop. You will leave this session with handouts and a practical action plan which can be implemented within your business. Where possible, we would like to encourage you to join this session with your video camera turned on and when instructed by the facilitator, you may un-mute your microphone to take full advantage of the interactive nature of the workshop. For the best user experience, we recommend joining the workshop using Chrome or Firefox as your web browser.
10.00am - 10.50am - Workshop presentation
10.50am - 11.00am - Break
11.00am - 11.50am - Workshop presentation
11.50am - 12.00pm - Break
12.00pm - 12.45pm - Workshop presentation
12.45pm - 1.00pm - Q&A
This business-essential session is presented by Alice Davidchack, an experienced Chartered Management Accountant and a Business Coach. She works with business owners throughout the UK, helping them to develop robust financial strategies and create business models that work.
Alice coaches on all aspects of business finance planning and accounting, including cash flow management, budgeting and forecasting.
This workshop is hosted by the D2N2 Growth Hub, East Midlands Chamber and part-funded by the European Regional Development Fund.Book Now
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