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Manage Money, Make Money - Financial Management for Small Business Owners. AIMS OF THE WORKSHOP To understand management accounts, what do they tell us about our business and how they can be used as a basis for planning and future decision making. To create budgets and forecasts. Variance analysis of actual results to forecasts. Develop and improve credit control systems. Use of factoring, invoice discounting, and how to calculate debtor days. Finance ? banks and the alternatives, and how to evaluate them. How to spot fi nancial warning signs ? and what to do about them. Learn skills and tricks to improve profi tability ? in all areas. Business protection ? key man, exit strategies and succession planning DURATION 1day (09.30 ? 16.30) with two 15-minute breaks and 45 minutes for lunch.

Manage Money, Make Money - Financial Management for Small Business Owners. AIMS OF THE WORKSHOP To understand management accounts, what do they tell us about our business and how they can be used as a basis for planning and future decision making. To create budgets and forecasts. Variance analysis of actual results to forecasts. Develop and improve credit control systems. Use of factoring,...

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