Our PREPARE process highlights that finance matters. To succeed in business providers need to understand the finances so they are able to: Plan and set out the income they want to achieve. Manage income and expenditure so they achieve the required income and make informed decisions and develop successful plans for the future. The recorded bitesize sessions we have created as part of this programme highlight the things that really help as being:
- Income and expenditure
- Profit and loss
- Breakeven analysis
- Budgets and cashflow forecasts
- Monitoring and financial controls
This 60- minute session is an opportunity for officers who have watched the Bitesize session to join the Coram Hempsall’s team online to discuss the content and consider how these can be used as part of a business support strategy.