Free Raising Finance workshop (final workshop in the series!)
Most small businesses fail because they run out of money. Drill down a little further to reveal the range of pitfalls – cash flow crisis, bad debts, poor lending, liquidity risk etc. – and often at the root of downfall lies a lack of financial understanding and insufficient, if any, management information. In Hounslow we want to buck this trend and recognise that it’s a person’s knowledge, skill or passion that’s at the heart of a business start-up, and not a grasp of the numbers.
In partnership with Thameside Enterprise, we have been running a series of free financial literacy workshops with some outstanding results over the last two years. More that 160 people have taken advantage of free workshops and 50 businesses have benefited from 1 to 1 mentoring sessions.
Don’t just take our word for it, here’s what Dr Duv Nar of DNA Dental Health, Kingsley Road had to say – “I have a fair understanding of the annual P&L accounts but found cashflow forecasts a completely different kettle of fish. Understanding the cash flow has opened up so many options for me. I now have a much deeper knowledge of how the financial aspects of business work and how I can affect it. I’m thinking completely different now. Much more strategic. I would absolutely recommend the workshops”
Freelance photographer Derrick Bradfield said “The sessions have really helped me focus my mind on what I need to do to improve my cashflow and a good perspective on what I was currently doing. I’m now clearer and more motivated on what I need to do achieve my targets.”
The Financial Literacy programme finishes in March so don’t miss your last chance to get some valuable advice. Book now at http://thameside-enterprise.org.uk/workshops/