Financial Housekeeping – Improving cashflow

In a difficult economic climate, with huge amounts of uncertainty, how do you make your money go further without borrowing more money.

In this Webinar, we will cover:

• Collect money in quicker and avoid bad debt

o Robust Credit Control

o Signed proposals/estimates/T&C’s

o Credit checks

• How to avoid working for free

o Avoiding scope creep

o It’s a business, not a charity

• Negotiate better terms with Customer and Suppliers

o Early payment discounts

• Know your numbers – Have a robust piece of bookkeeping software and keep it up to date

o Pay monthly rather than upfront – often interest free

o Pay wages monthly rather than weekly

o Get a business credit card that pays off in full every month

Biography:

Jo Tomlinson, Owner of Business Works Accountancy Firm

Owner of Business Work UK, Jo is an advisory led Accountancy Practice, a growth coach and a certified Quickbooks Trainer. Clients want more from their Accountant than an end of year history lesson! They want to work with advisors who they trust to give them advise on their business. Jo works closely with business owners helping them to achieve the dreams and goals they have for their businesses.

Winning Pitch:

Winning Pitch are one of the most experienced, high growth entrepreneurial coaching businesses in the country, bringing proven business insight and powerful solutions to organisations from start-ups to FTSE 100 companies. Winning Pitch helps businesses and the people behind them grow faster and further than they imagined possible. We provide trusted advice from ambitious start-up through to successful scale-up.

The Investment Readiness programme is being delivered by Winning Pitch on behalf of the Leeds City Region Enterprise Partnership (LEP) and is designed to help businesses understand the full and diverse range of investment options available that can best support their growth plan. Businesses within the Leeds City Region can access a wealth of fully funded support tailored to the specific needs of your business part funded by the European Regional Development Fund.

For more information about the Programme, please contact us at investmentreadiness@winning-pitch.co.uk