Financial Management for Growth (advanced) - 2nd March

Venue:
Royal Marine Hotel, Dún Laoghaire
 
Date:
02/03/2020
 
Time:
6.30pm-9.30pm (Registration 6.00pm)
 
Category:
Enterprise Week
 

Build on existing knowledge and practices embedded within your SME and learn new improved systems and strategies to empower greater financial decision making.

€10
 
 

Financial Management for Growth (advanced) Workshop

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.

This 3 hour workshop is designed to build on the existing knowledge and practices embedded within SME's and to challenge owner managers to adopt new improved systems and strategies to empower greater financial decision making. 

Date:Monday 2nd March 2020
Time:6:30pm - 9:30pm (Registration & Networking 6:00pm)
Venue:Royal Marine Hotel, Dún Laoghaire
Fee:€10

 

Topics covered at this workshop will include:

  

Financial Management

  • Are you getting the most from the numbers you produce
  • Building a financial dashboard specific to your business
  • Financial and non-financial KPIs
  • Budget v actual - what can you learn
  • Stepping back to review financial performance
  • Using advisors/mentors to assess performance

Budgeting and forecasting

  • Financial forecast that matches your strategic goals
  • Do you have the cash to implement the plan
  • Cashflow management
  • What sources of finance are available and how to be ready for: Banks, Equity, Revenue schemes, Peer to peer lending, Crowd funding,Others

Costing key decisions

  • Building a financial model to help decision making
  • Calculating the true cost of each decision
  • Benchmarking
  • Return on investment (ROI)

  

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.

  

CIMA Certificate in Business Accounting

Local Enterprise Office Dun Laoghaire have partnered with CIMA to incentivise companies wishing to improve their financial literacy. This is a practical and broad course aimed at owner managers key employees of SMEs who want to learn best practice in the areas of; Business Economics, Management Accounting, Financial Accounting and the fundamentals of Ethics, Corporate Governance and Business Law.

Representatives from CIMA will be presenting at the Financial Management Workshop on the 2nd March so this workshop will also provide you with the opportunity to learn more about the CIMA Certificate in Business Accounting.

 

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