Who is this webinar for?
This webinar has been designed as a beginner’s guide for businesses, focused on the subject of Finance and Bookkeeping.
Overview:
For a business to succeed the finances must add up. This workshop gives you an understanding of the financial implications of running your own business. It also teaches you bookkeeping to an acceptable standard for the Inland Revenue (HMRC).
Agenda:
Legal Status of Business and Basic Bookkeeping
- Considering the Legal Status of your business, covering pros and cons of each ‘format of business’
- Introducing you to the fundamentals of the basic bookkeeping process
BREAK / Optional networking time
Cashflow, Profit and Loss:
- Profit and loss forecasting and management; how to determine the profitability of your business
- Cashflow forecasting and management; understanding the cash required to start up and run your business
- The importance of both in ensuring your business is on an even keel financially
BREAK / Optional networking time
VAT, NIC, Personal and Business Tax:
- VAT – thresholds, registration, recording and returns
- NIC – reviews all classes of NIC – NIC1, 2 and 4
- Taxation – covers personal taxation and company (corporate) taxation
If you are interested in registering for this event, please click the link here.
