< Getting started with managing cash - Business Gateway Growth Hub

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Getting started with managing cash

When and Where

  • Date: 12 August 2020
  • Start & End Time: 2:00 pm - 4:00 pm
  • Location: Online

Address: Webinar

Event Details

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Understanding the tools and techniques to help you manage healthy cash flow.

‘Turnover is vanity, profit is sanity and cash is reality’ is well known amongst business owners. While many agree that turnover (sales) figures should not be the main focus of financial control, there is often confusion between ‘profit’ and ‘cash’. In this webinar, we will explore what both terms mean and the key differences between them. We will then look closely at various ways a small business should manage its cash on a day-to-day basis. This webinar will equip you with a number of tools and habits on cash management, which you should be able to apply to your business in a very practical way.

This webinar will cover:

  • Main reasons why businesses fail
  • Difference between Profit & Loss and Cash and why both are important
  • How to maximise cash by managing your cash collection cycle
  • What is working capital and how to manage it
  • Practical ways to plan for tax and build buffer cash
  • A quick introduction to how to prepare a Cash Flow Forecast
  • Pointers for managing payments to yourself as the owner

About the Speaker:
Alice Davidchack is a Chartered Management Accountant and a Business Coach.  She runs her practice from North West Leicestershire, working with business owners throughout the UK

This presentation is delivered in partnership with Business Gateway Growth Hub and Business Engine Room and is part-funded by the European Regional Development Fund. Places are limited and priority will be given to trading SMEs based in Leicester and Leicestershire.

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Event Title

Date:9 August 2020
Start & End Time:9:30am - 11:30am
Location:Leicester Food Park

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District Blaby Bosworth and Hinckley Charnwood Harborough Leicester City Melton Northwest Leicestershire Oadby and Wigston
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District Blaby Bosworth and Hinckley Charnwood Harborough Leicester City Melton Northwest Leicestershire Oadby and Wigston
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Thank you for booking your place on this event. The booking details will be sent shortly.

If you need to contact us regarding your booking please email using the address below.

Kind regards

Jay Lad & Ella Mistry

Business Gateway Growth Hub Team

Email: BGEvents@bizgateway.org.uk

General Enquiries Phone: 0116 366 8487