Strive & Thrive - Managing Finance & Costs in a turbulent world
Date: 24th November 2022
Location: Online - Zoom
Time:
9:30am -
11:30am
Theme:
Access to finance, Operational efficiency
Sorry this event has already taken place - please see our forthcoming events list
The session will address and answer some of the key questions which business owners are concerned with right now as we move into a winter period potentially blighted by rising costs, high inflation, and problematic supply chains.
Our programme is designed to help SME owners become more financially aware and how to make relatively small adjustments to protect and secure their businesses in the coming months.
Speakers
Philip Hargreaves – Head of Access to Finance GC BGH
Ian Dixon – Senior Access to Finance Specialist GC BGH
Mark Gibbons – Senior Access to Finance Specialist Lancashire
Agenda
|
Time / Duration |
Element |
|
9:30 |
Introduction |
|
9:40 |
Short-Term – Immediate Actions |
|
|
Understand current financial position ! |
|
|
Managing cashflow and working capital |
|
|
Implement cost management |
|
|
Develop robust weekly forecasting and review process |
|
|
Communicate |
|
10:40 |
Medium Term Actions ( 3+ Months ) |
|
|
Review customer profitability |
|
|
Review Pricing Strategy |
|
|
Consider Re-Financing Options |
|
11:00 |
Long-Term Actions ( 6+ Months ) |
|
|
Review Business Processes |
|
|
Consider Re-Structuring |
|
11:15 |
Q&A |