Managing the Money and Risk
Date: 18/11/2009
Time: 13:00 to 16:00
Venue: Market Harborough
County: Leicestershire
Who’s delivering the event?: Welland Enterprise Agency Ltd
Who is it aimed at?: existing businesses, business start-ups
Subject: intensive start-up support
Description: This practical workshop examines different ways of keeping financial records. It covers the importance and value of keeping basic financial records, what to keep and how to go about it - vital information for new businesses. The legal obligations are explored and the issues of taxation (including VAT) are covered in detail. Perhaps the most important element of the workshop is showing how to financially monitor your business. 60% of new businesses fail within the first five years due to Cash Flow and Bad Debts. This workshop has two main themes; 1) How to minimise the risk of late payments and bad debts. 2) How to chase debts effectively and efficiently using the most appropriate method. Participants will be encouraged to identify the most relevant terms and conditions for their debtors. The workshop also deals with credit information sources, debt chasing, legal procedures and factoring.
Contact Person: Joanne
Email address: biz@wellent.co.uk
Contact Number: 08450501050
Web address: http://www.wellent.co.uk