Available as two hour Seminars, Half day Workshops or Full day Training Courses to suit your organisation at each level of your enterprise journey. Contact Us to place your interest in attending any events covering the topics below:
- Cash flow management and improvement
Positive cash flows are the lifeblood of any organisation. In an economy marked by recession, spending cuts and a scarcity of funding, cash flow management is the single most essential tool of any business - large, medium or small.
This seminar will provide owners and managers with a greater understanding of the crucial role that cash flow and working capital management plays in the successful operation of any organisation. Real life tools and strategies will also be presented to both illustrate and signpost business changing actions.
- Planning for profitable growth
Good businesses do not appear by accident. Good strategic planning helps ensure you know where you are going and why. It also provides a map with milestones to keep you on track. Without adequate planning, you may run out of cash or miss essential resources needed to help you on your way to success.
- Understanding accounts and financial statements
A business cannot be managed without information. We will ensure you can determine what information you need and once received, that you can interpret and utilise this information effectively. We will cover both internal reports and information and those produced for external users.
- Managing external advisers
Every business needs to work with experienced and trustworthy external advisers as it cannot employ a vast team of experts. Managed well, these advisers will provide years of essential and value for money service. We will show you how to get the best from your external team.
- How to set up and manage your finance function
Whatever the size of your business, the need for accurate, useful and timely information is paramount. Knowing where you make money and how much you make is absolutely crucial. Structured properly, your finance function can provide the information and analysis you need using a mixture of in-salon and outsourced skills.
Whether you are succeeded by members of your family or by your management, it is important to plan for this well in advance and involve all parties at the right times. If you plan to pass your business on to a family, this is still a commercial transaction and you can (and should) make a profit from this, even more so if your current management buy you out.
You may only dispose of a business once, so make sure you get advice from people who know how and when to prepare and how to optimise the price whilst minimising the hassle.
For many salon owners, the idea for starting their business was to make a difference. Not just a difference in the eyes of clients and peers, but also a difference to their own financial well-being. Whether your salon is based on generating an income or for building growth, there will come a time when disposing of the business is the right thing to do.
This topic shows you how to improve the value of your business and make it an attractive proposition to potential buyers. You will be shown when you should build an exit or succession strategy into your business plans and identify what buyers are looking for.
You will be provided with experienced insights from the role of finance director, corporate finance adviser, tax specialist and corporate lawyer. Our intention is to help you optimise your business potential fro when the time is right to move on to new challenges.
Events are currently held in locations according to demand and current membership forum activities or can be arranged POA, anywhere that minimum attendance numbers are confirmed one calendar month in advance.