What is the number one reason businesses fail? Cash flow… no. Incompetent staff… not quite. Poor financial planning… yes.

Running a business under the current economic climate requires a real rethink of how businesses are spending their money. Failing to plan is simply planning to fail.

This session aims to help you expand your thinking about what is relevant when creating a budget for future financial spending.

What type of budgeting matches what purpose for example, capital budgeting versus operational budgeting versus cash flow versus personal budget.

Content Discussed:

• What time horizon to consider when budgeting and time value of money considerations
• What goes into a budget and what shouldn't (including - tax liabilities, VAT, PAYE, provisional tax)
• How to track the effectiveness of a budget and how to update it
• What to do if things don't go as planned
• Financial risk
• How to raise alternative financing (sale-and-leaseback)
• Re-arrangements on financial obligations

Please note: If you're unable to attend the live webinar on the scheduled date, you can still book and pay for the webinar – the course notes and a copy of the recording will be provided for self-study in your own time.

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