Financial Management for Beginners Workshop - 21st Jan 2021

Venue:
Online
 
Date:
21/01/2021
 
Time:
2pm - 5pm
 
Category:
Workshop
 

Business owners who are knowledgeable and understand their finances will be able to make informed decisions about the future of their business and prepare for any challenges or opportunities that may arise.

This event is no longer available
 

Financial Management for Beginners Workshop - Thursday 21st January 2021

 

Building confidence in your business finances

 

Many SME owners can find themselves running a business without any formal business qualification and subsequently lack the skills and confidence to make important business decisions. Good financial literacy is essential in any organisation and especially for SMEs that are looking to expand and compete in this increasingly complex commercial world.

Business owners who are knowledgeable and understand their finances will be able to make informed decisions about the future of their business and prepare for any challenges or opportunities that may arise.

Having good financial literacy and the skills and confidence to make important business decisions will impact your ability to raise finance, forecast accurately, scale and prevent practices which often lead to failure.

Local Enterprise Office Dún Laoghaire-Rathdown are running an afternoon workshop on Thursday 21st January to equip and empower owner managers of businesses at beginners level, with a greater understanding of what their business numbers can really tell them. The workshop enables participants to become more informed and strategic across all business functions based on a greater level of awareness of the outcomes of every decision from a financial perspective.

 

Date:

Thursday 21st January 2021

Time:

2pm - 5pm (Registration 1.45pm)

Venue:

Online

Fee:

€20

 

Within a highly interactive and collaborative workshop you will be equipped to:

 

  • Assess business start-up and ongoing costs
  • Create a cash flow spreadsheet to manage my finances
  • Drawings and personal budget
  • Profit & Loss
  • Basic Financial Ratios
  • Balance Sheet
  • Pricing
  • Break even analysis
  • Credit control
  • Basic book-keeping
  • VAT
  • Online registration revenue/ROS/CRO
  • Accounting options and Cloud systems
  • PAYE
  • PRSI
  • Opening a business bank account
  • Income Tax
  • Corporation Tax
  • Sources of support including funding (Microfinance, LEO, seed capital, other sources of funding etc.)

 

Delivered by: Luke Robinson, Entrepreneurs Academy

 

Luke is a Chartered Accountant specialising in financial planning and strategy advice and training for start-ups and SME’s.

An entrepreneur, Luke founded Financechief.ie in 2017 to help start-up’s and SME’s by providing financial advice and assistance to help them grow and prosper. Financechief has worked with a wide range of businesses from PLC’s to sole traders across a number of different industries.

Luke joined the Entrepreneurs Academy team early in 2019 and has delivered training and mentoring in the areas of business planning, financial planning, funding options and managing business finances to excellent feedback.

Prior to setting up Finance Chief, Luke was Finance Manager with EIR for 5 years and also spent 6 years as a Corporate Finance Manager at Deloitte.

Luke is a member of Chartered Accountants Ireland and completed a Masters is Accounting and a BA in Accounting & Finance at DCU.

Luke is also a mentor with Intertrade Ireland and LEOs.