Understanding the financial considerations when starting & running a business is a vital part of the planning process. This session will cover the key phrases and wording used when recording business finances. How the forecasting process will link into your business plan and research.
The trainer will go over finance options and considerations around these options, basic bookkeeping tools and cover what HMRC say and the Tax and NI Contributions that will need to be considered.
Held online, the ‘Managing your business finances’ free workshop brings budding entrepreneurs together to answer the burning questions on all things finance, in an informal session that helps ensure attendees leave with the insight and knowledge required to bring ideas to life and monetise a business plan.
What you’ll learn…
- The importance of financial monitoring
- Pricing and why it is important
- If you need external finance and where to look for loans/grants
Eligibility
This workshop is for anyone with the gem of a business idea or those who have begun researching their idea without taking any further steps to making it a reality.
The workshop is for those living in Sunderland Local Authority Area and haven’t yet registered as self-employed with HMRC.
How to book
Registration for this workshop should be made at least 48 hours in advance, however other dates may be available. To book a place or ask any questions, email: businesssupport@ne-bic.co.uk t: 0191 516 6111 or complete the booking form.
Once you have reserved a place, you will be contacted to confirm your booking. Instructions and a link to join the workshop will be sent to you nearer the date.
To view and book your place on any of our other Flying Start masterclasses click here.
