This free two-day workshop helps start-ups and small business owners understand material related to business accounting and entrepreneurial finance. In this workshop, you’ll gain a basic understanding of finance and accounting concepts to drive the success of your business.

This workshop is worth £800, however we will be running it for free. This course will be held in autumn in both Braintree and Basildon.

If you are interested in this workshop at either locations, please book your place at Attendance on both days is required.

Gaining accounting knowledge

This workshop aims to clarify the accounting language so that you are in control of the financial performance of your business, helping you forecast for the future, evaluate your current efforts, and establish strategies to meet your goals.

Accounting knowledge is still needed even if you plan to recruit an accountant as you can make better, informed decisions about your business. This workshop will enable you to have the tools necessary to have a better understanding of what the professionals are saying, so you can run your business more efficiently.

You’ll learn about cash management, funding scored and book keeping basics and on day two, you’ll learn about cash flow forecasting, break even analysis and variance analysis. These topics will give you the confidence and control needed when making financial decisions.

Day 1 topics:

  • Book keeping basics
  • Simple financial statements (p&l, b/s, cash)
  • Ratio analysis
  • Types of business
  • Cash management
  • Funding sources

Day 2 topics:

  • Budget preparation and cash flow forecasting
  • Break even analysis
  • Project appraisal
  • Variance analysis
  • Product costing

Who the workshop is for

The workshop is aimed at businesses ranging from start-up founders to local business owners to corporates and is geared to anyone without a finance or accounting background.

Skills gained

The full value from this course is only gained by full participation in both days. After completing the course, delegates will be able to:

  • understand basic financial documents used in business
  • interpret the information in these documents, and use it to manage day-to-day business activity
  • be more effective in their role

If you are interested in this workshop at either locations, please book your place at Attendance on both days is required.

Business Support

Invest ESSEX helps companies to relocate or expand in Essex. Our work is delivered by the Let’s Do Business Group and is jointly funded by Essex County Council (ECC) and the European Union’s European Regional Development Fund (ERDF).

For more information on how we can support your business, see here: SME Support page