Finance for Non-Financial Managers Workshop

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Thursday, 5 July, 2018 - 09:00 to 16:00

Finance for Non-Financial Managers Workshop

Organiser

Coventry University Enterprises Business Solutions

CUE Ltd is offering a series of bespoke workshops through the Coventry and Warwickshire Innovative Place Test Bed project. The workshops are part-funded by the European Regional Development Fund.

This workshop aims to boost the competence of SME owner/managers in the theory and practical everyday use of key financial documents so that they can fully understand the financial dimensions of how to run a business better and in-turn be more confident in their business dealings.

The workshop covers:

  • I thought accounts were for accountants!
    • What are the key financial statements?
    • Why do they matter to me and my business?
    • What are they telling us; how to interpret them and how will others interpret them?
  • Profit and loss: 
    • A quick look at how each of the elements are treated that make up business income, expenditure and overheads.
  • The balance sheet in detail:
    • Taking a snapshot of your business – what can we learn?
  • The cashflow forecast: 
    • How to use common sense to build up a picture of our business future. The key difference between profit and cash, demonstrating the issues of working capital.

Delegates can expect to:

  • Emerge with a greater appreciation of the importance of financial management
  • Understand how to interpret financial reports
  • Learn the basic components of how to start to put together important financial reports
  • Use forecasting techniques to set budgets and performance targets
  • Monitor spending and performance
  • Consider, project and manage options for change

Refreshments and lunch is provided.

Additional eligibility checks will take place prior to the workshop

To be eligible for this workshop you must be:

  • An SME based in Coventry or Warwickshire
  • Registered with Companies House or have a Unique Tax Reference number (UTR)
  • Have an innovative product,service or idea to take to market
  • Able to commit to recieving a minimum of 12 hours of support from the project

Request your place

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Made Smarter is a national movement to drive growth amongst UK makers and advance the UK economy. Backed by world renowned businesses and the UK government, it will improve the development and adoption of emerging technologies. Making a real, everyday difference to people from the boardroom to the factory floor.

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Client testimonials

Without the Growth Hubs help and assistance, we would never have been able to increase our sales & output and also grow our local business. With this help in purchasing new equipment we have expanded our operations and gained a new and increased customer base.

Nuneaton Roof Truss,

Over the past few years, Armstrongs has built up a fantastic relationship with Gary Thyeson from the Growth Hub. His advice on grants and funding has been really valuable to both Armstrongs and some of our clients. His knowledge of local business support has been helpful in signposting us to relevant support agencies as required. We look forward to working with Laura Delahunty moving forwards.

Armstrongs Accountancy LTD,

In the short time since first engaging with the Warwickshire Growth Hub we feel that Laura has understood our vision and has been so very supportive in linking us to the specialist teams who are now supporting us with training, finance and recruitment. A great service that every growing organisation should connect with

MES Systems Limited,

I have had an excellent experience working with Laura from the Growth Hub, from day one, she was taking detailed attention to my concerns and ideas. She was able to put me in contact with different organisations and people to find out answers to my questions and help me to solve some inquiries I was having. I feel this support definitely had a positive impact in my plans. 

 

PALACIOS LTD,

It’s been a fantastic inaugural eight months for the TalentTech Recruitment team and, although the reality of setting up and running a company can be a somewhat daunting experience, we have been extremely grateful for the superb help, advice and guidance given to us along our journey by Gavin Barnett and the team at CW Growth Hub. Gavin’s introductions to both Warwick & Coventry Universities and his wider business network have been absolutely invaluable.

TalentTech Recruitment LTD,

For many individuals out there, it is very hard to figure out ways and know which direction to go when it comes to setting up a business. The challenges of taking your idea and bringing it to life and not knowing where to go and who to speak to for advice. it can get very frustrating..

King of Saffron LTD,

This grant [which we received with the help of the Growth Hub and Coventry City Council] will really help us get on track for business growth and succeed with our vision. Personally, I would also like to thank the team for supporting me through the grant application process. You have been very approachable and attentive throughout.

Exeter Analytical (UK) Limited,

Thank you for the comprehensive and professional guidance

Burbidge & Son Ltd,

Over the years since the Growth Hub was set up we have habitually gone to our Account Manager as a one-stop shop for all business-related information.  It has been a really convenient way of finding suppliers, advisors and, on one occasion, we even asked for assistance with finding customers.  We are invited to a wide range of business events including business development workshops, Brexit roundtable discussions, seminars on various topics and have also been asked to speak at some events.  When we have needed additional information, for example, finding finance sources or help with selecti

Marchantcain Design Limited,

Thanks to CW Growth hub getting us access to grant funding we have been able to invest in the latest computer monitoring system, which will enable us to compete with the national companies within our industry.

Comrie Leisure Limited,

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