Part of the Humber LEP network:   Humber LEP   |   Business Growth Hub   |   Invest Humber

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2 Day Workshop: Financing Your Business To Grow

Start Date & Time: Wed 28 July 2021 - 9:00AM
End Date & Time: Thu 29 July 2021 - 4:30PM
Where: ERGO Centre

Do you wish you had a better grasp of your business finances or need help to develop a plan to access appropriate finance to grow your business?

As we continue to recover from the pandemic, now is an ideal time to take stock and plan more effectively for future growth.

Access to appropriate finance and sound financial management is critical to business success. This two day interactive workshop, delivered by our specialist financial business advisors will provide you with the tools, techniques and knowledge to build a custom plan for investment and allow you to more effectively manage financial aspects of your business.

Delivery will incorporate all the key elements of business finance from interpretation of your financial reports, forecasting, investment returns to how to access funding, including exploring the many grant options. Fuller details of the four modules are detailed below.

Our advisors are not only experts in their field, but they have developed a strong network and understanding of funding options, particularly at a local level.

We know that finance can be a dry subject for many, but we’ll keep the workshop interesting and highly relevant to your business. We will incorporate smaller breakout groups to delve deeper when appropriate.

In order to maximise the benefits of the workshop, attendees are requested to commit to attending all four sessions over two consecutive days, after which you will have the tools and knowledge to assess your business and build a custom plan for investment.

Over the two days we will cover the following areas:

• Is your business ready for investment now?

o Why review your business

o How is the investment decision made

o What aspects of the business should you review

o Introduction to finances

• Financial Forecasting and Ratios

o Importance of Cash

o Understanding your key financial statements

o Is the business profitable?

o Critical MI for the management of your business

• Getting your business ready for investment

o External Finance for your business

o Setting Vision and goals and how to achieve them

o Importance of Financial forecasts and future plans

o Assessing the risk

• Applying for funding

o Understanding your options

o Blending finance

o Applying for grants and funding