Masterclasses – Financial management for early-stage businesses

June 5th, 2013 10:30 AM

This session will cover:

• Basic principles with a particular emphasis on cash flow
• Explanation of the three major financial statements and how they are related
• profit and loss account
• balance sheet
• cash flow statement
• The benefits of a clearly thought out chart of accounts
• The benefits of a computerised accounting system
• Key elements and techniques of financial management such as:
• Break-even analysis
• Financial controls
• Internal financial reporting
• Planning and control
• An overview of “Access to new finance”
• Taxation matters such as PAYE, VAT and corporation tax
• Submissions to Companies House (statutory accounts and annual returns)

The workshop will be run by Ken Dickson, Managing Director of Axiom-e, a provider of part time Finance Directors to growing organisations, who has secured funding for clients ranging from £20,000 to £4m.

Register Now

(see terms and conditions below)

The training is free* as long as you:

• Are an eligible, registered SME (self-employed, limited company, registered partnership) within the six eastern counties (Hertfordshire, Essex, Cambridgeshire, Bedfordshire, Suffolk and Norfolk).
• Attend a registration meeting with the NIAB Innovation Farm team
• Speak to the trainer before the session
• Turn up on time at the training session and stay for the duration of the training session
• This training is funded by ERDF (European Regional Development Fund) – this is why your training session is free if you attend the initial meeting and training session!

*Tickets are subject to a fee of £53.65 – fully refunded following event attendance*