| Event Name: | Business Finance for Beginners |
| Description: | With Start-up Numbers Coach, Johnny Martin.
Keen, ambitious and entrepreneurial?
Creative but fear numbers?
Cash flow all Greek to you?
If you have what you believe is a great idea, then an understanding of business finance is the best way to increase your chance of raising finance and creating a viable business, and avoiding being another statistic.
This workshop will give you the tools to start looking at your idea from a business point of view and answering the crucial question - is it viable? In particular you will see how the numbers are not just the score at the end of the year, but help you create and manage a viable business.
The 3 hour workshop covers:
•The language of business – the confusing terms and concepts that will enable you to communicate with financial people.
•Included is a free glossary of the essential terms.
•How to establish viability – the importance of sales forecasting techniques using distribution channels.
•How to calculate gross profit margins and break even.
•Cash flow and importance of working capital which trips up even profitable companies.
•The importance of a clearly set out business model, and how you may need to adapt this once you are up and running.
•Software tips for preparing forecasts
•Some guidance to help with bookkeeping and paperwork.
•How to raise finance – the importance of understanding the backers needs and the difference between equity and debt.
•What do investors look for? What numbers need to be at your finger tips and clearly set out in your plan.
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| Type of Event: | Entrepreneurs Events - Venture Capital |
| Event Agenda: | Also included is:
•A copy of “Talk Money”, a highly acclaimed 90 minute DVD that explains the language of business (rrp £15.00)
•Seven days post-course email support
•Glossary of key financial terms
•Financial health checklist for your business
•Excel forecasting template
•Links to useful resources, many of which are free
Who should attend? Anyone planning to start or already running a business.
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| Event Location: | The British Library Business & IP Centre |
| Event City: | London |
| Type of Venue: | Library - Book Shop |
| Station/Stop: | |
| Directions: | The Business & IP Centre is on the first-floor of the British Library, on the right-hand side of the building, opposite the Social Sciences Reading Room. |
| Event Start Date | 07-Oct-10 |