MEC Money Matters Series
Hosted by the Masood Entrepreneurship Centre and Paul Suchoparek, ex Finance Director of Adidas UK and founder of Sempas Accountants Limited, these sessions, running throughout Semester 2, are designed to provide a good understanding of key financial metrics to start and grow a business successfully.
This 5 event series of 1 hour sessions is an opportunity to learn more about trading, profits, bookkeeping, cash flow and securing further funding.
Whether you are already a start-up entrepreneur or interested in starting your own business in the future these sessions are for you.
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Session 1 Pricing for Profit
Thursday 2nd May 2024, 13:00 - 14:00
This session will focus on Pricing your products/services to make a profit covering, but not limited to, the following aspects:
• Knowing your market
• How to price your products
• How to price a ‘service’
• Understanding and forecasting your revenues and costs
• Techniques to adopt for good forecasting
Register Now
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Session 2 Starting up
Thursday 9th May, 13:00 - 14:00
This session will focus on Starting up covering, but not limited to, the following aspects:
• Pre-start (demand for your product, funding position, understanding your business process)
• Structuring your business (Self employed, Limited Company, Other options)
• Registering the business
• Filling, other responsibilities and deadlines (legal and tax)
• Tax matters
Register Now
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Session 3 Managing your Cash Flow
Thursday 23rd May, 13:00 - 14:00
This session will focus on Managing your Cash Flow covering, but not limited to, the following aspects:
• Cash flow forecasting
• Forecasting how much cash a business will need to start up
• Good cash flow management practices- tips/advice
• How to avoid cash flow risks
Register Now
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Session 4 Funding your business for growth
Thursday 6th June, 13:00 - 14:00
This session will focus on funding opportunities covering, but not limited to, the following aspects:
• Funding opportunities and process
• Grants
• Loans
• Equity Investment
Register Now
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Session 5 Monitoring your finances and Company Valuation
Thursday 13th June, 13:00 - 14:00
This session will focus on Monitoring your finances and Company Valuation covering, but not limited to, the following aspects:
• Keeping up to date with the business' financial position efficiently
• Bookkeeping/accounts- what it is and why it's needed
• Accounting systems for small businesses
• Company valuation (for when pitching to potential investors)
• What early stage investors are looking for
• Understanding forecasted future earnings and the impact of discounted cash flowRegister Now
Contact entrepreneurship@manchester.ac.uk for further information.