One of the biggest challenges to growth for most businesses, is the managing of finances. Knowing the difference between a cash-flow forecast and a profit and loss forecast, and more importantly, why you need both. Whether you’re finance savvy, or need a refresh, this session will guide you through the maze of financial forecasts and how to create them for your business, offering templates to use and guidance along the way.
Personal survival budget
Profit & Loss forecasts
The differences between forecasts and why you need them
Templates and guides to create them for your business
Those who may wish to apply for finance or grants will find this especially useful.
This is the second part of an exclusive three-week finance course for business owners. Each masterclass is a practical session designed to help you understand the role of ‘Finance’ as a core dimension in your business. We are going to look into how to create a business plan that's helpful going forward, how does healthy cash-flow look like and how to calculate Profit & Loss to gain a real understanding of your business. In the final session, we will provide an overview of mainstream and alternative funding options as well as the marketing startegy required to successfully apply for either of them.
We aim to ensure readiness before applying for any kind of investment and arm you with practical knowledge applicable to your business straight away.
Join GetSet for Growth London on this journey to demystify Finance, either in its entirety or pick any of the comprehensive and self-contained workshops that match the specific areas and challenges you are interested in. Please bring pen, paper and a laptop, tablet or mobile phone to be able to participate in the exercises and use your time with us meaningfully and come with an open and inquisitive mind.
Workshop 3- Funding options - Marketing for Investment Session 01/11 - Register.
Please be advised that while the workshop is free of charge, we will ask you to fill in a registration form and session feedback form. GetSet for Growth is a fully funded program set up to support East London entrepreneurs and these bits of paperwork enable us to track our progress, measure our impact and continue providing you free services.
Registered participants based in Hackney, Islington, Newham, Tower Hamlets and Waltham Forest are also eligible for free of charge ongoing one to one marketing or financial support with our advisers.
Tahir Rahman, Business Finance Advisor
Tahir is an experienced Business Finance Manager and has recently joined the GetSet London team as a Business Finance Advisor. With several years of experience working within the retail and commercial banking sector, Tahir’s most recent role was as a deliver partner for the Start Up Loans company, helping entrepreneurs and new startups successfully apply for funding for their businesses.
Tahir is no stranger to the challenges facing small businesses, having run his own successful Indian restaurant in Woodford Green in Essex. Whilst at University, he has seen his restaurant grow from a start up into a thriving SME.
A keen footballer and MMA fan, Tahir is an Arsenal fan that watches his team play whenever he can. Tahir is delighted to be joining the experienced team of professionals at GetSet London and looks forward to working with SME’s to help them achieve their growth potential.