Not every business has a finance director to rely on
In this challenging economic climate, there has never been a more crucial time for business owners to have a clear understanding of their financial position. It can determine whether your company thrives or not.
But not every business has a finance director to rely on.
Our new fully-funded programme, the first of its kind in Lancashire, has been developed to provide business owners with the knowledge and skills to understand the financial landscape and be in the best position to access funding.
Finance Simplified is exactly as its name says, presenting topics and funding options in a simple to understand and easily digestible way.
Topics covered include understanding financial statements, business planning, cashflow forecasting, digital accounting and funding options.
There will also be the opportunity to have one-on-one sessions with expert advisors following the programme's completion to discuss funding options.
Our next cohort will start on 23 May.
The dates of all the sessions is below.
If you would like to register for this cohort, please complete the short form below.
About Finance Simplified
Finance Simplified is a comprehensive programme of support for Lancashire-based SMEs. The programme has been designed to give business owners a full and clear understanding of their financial position and be in a better position to access funding.
Each cohort lasts a month and consists of a series of short online workshops delivered by finance experts in a clear and simple way.
Each workshop will include practical exercises bespoke to the attendees' businesses.
Attendees will get a thorough understanding of financial statements, business planning, cashflow forecasting, digital accounting and funding options, as well as managing the increasing cost of doing business.
Following the programme completion, businesses will have the opportunity for a review and brokerage session with a finance advisor on a one-to-one basis.
Our Workshops are part-funded by European Regional Development Fund and are delivered free of charge to participants; however, as they are fully-funded, they are classed as state aid to participating businesses and are subject to state aid rules and the associated eligibility criteria:
- Business registered in Lancashire
- SME: Small or medium enterprise i.e. less than 250 (Full Time Equivalent) employees
- Annual Turnover less than 50 Million Euro OR Balance Sheet less than 43 million Euro
What does Finance Simplified cover?
See below for all the topics Finance Simplified will cover, along with the dates for the sessions of the next cohort.
- Intro & setting the scene
- Intro to A2F Service
- Business planning and writing a business plan
- Profit & Loss
- Balance Sheet
- Awareness and benefits
- Digital / Cloud Accounting – Partner Presentation
Evaluating Business Performance
- Equity & Investment support
- Innovation Grants & support
- R&D Incentives
- Alternative Lenders
- Local Funds
- ABL Lender
Register your interest