Subcontracts workshop

"We are implementing some major changes as a result of the workshop. It has certainly opened our eyes to the pitfalls and requirements needed by small business to remain up to speed on the contracts front."

Antony Cockerell, AR18

Workshop - Effective accounting

“Effective accounting” aims to increase the confidence of attendees regarding business accounting and finance; to understand what buyers are looking for in the company’s accounts; and to enable better financial planning and control which can lead to reduced costs and improved financial results.

Content of this workshop will include:

  • Cash, the lifeblood of the business - Cash flow statements and forecasts, and how to keep money in your own business for longer.
  • “Sales are vanity, profit’s sanity”.  What is profit and what is the difference between cash and profit?
  • Balance sheets – the first step in valuing your business.  How to use it and how it’s viewed by investors, lenders, suppliers and customers.
  • How and why do public sector buyers analyse your accounts?  What might stop you getting past the first tendering stage?
  • Profit Improvement Methods. How price changes affect your bottom line.
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