How to Plan a Financial Strategy For You and Your Business Event

How to plan a financial strategy for you and your business: This interactive workshop will help you build a solid financial strategy for your business.

One of the best ways to ensure success is to have a goal and plan to achieve this goal. This is where having a sound financial strategy for your business can help you succeed. It helps articulate what financial success looks like and what you are going to do to get there. Just as importantly, your business has to work for you as the business owner, earning you a fair reward and meeting your own financial objectives.

Who Should Attend This Workshop?

Business owners who want to build a financial strategy for their business and to link this with their personal financial goals. This is a highly interactive workshop, not a webinar, so participants should be prepared to engage in discussion. To get the best outcome, participants should bring a recent profit and loss statement from their business (annual accounts are ok). The Business Gateway are conscious finances can be a sensitive subject, so participants will not be required to reveal their 'numbers' to the group.

This workshop is all about building your financial strategy, so be prepared to work hard!

What will be covered?

• A structured approach to define your personal financial goals (it will help if you have details about your current income and spending levels to hand for this)
• Quick overview of how a Profit and Loss model works
• Analysis of your current business performance (bring your recent Profit and Loss statement)
• Good practice rules of taking cash out of your business
• Building a financial strategy from the bottom up
• Refining and staging the strategy
• Detailed planning for any changes in turnover, gross margin and overhead
• Action plan for how you will take your strategy forward
• Q & A

Agenda:

• 9:30am – 10:00am – Registration and Networking
• 10:00am – 11:15am – Seminar
• 11:15am – 11:30am Break
• 11:30am – 12:30pm – Seminar
• 12:30pm – 1:15pm – Lunch
• 1:15pm – 2:30pm – Seminar
• 2:30pm – 2:45pm – Break
• 2:45pm – 4:15pm – Seminar
• 4:15pm – 4:30 Finishing comments and close

This workshop is brought to you by LLEP Business Gateway Growth Hub.