Thursday 28th May 2020

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Event: NatWest Business Builder Workshop - An Intro to Business Modelling - 28/5/20

NatWest Business Builder Workshop - An Intro to Business Modelling

Description
Before the days of Google Maps and Sat-Nav systems, we had the fold-out Michellin. If you were lost on the road, you pulled over, opened the map, found where you started and found where your desired destination. By having your entire journey in one view, it allows you to understand where you are, where you need to go and where you may have taken a wrong turn. This view is crucial when developing a new business. For this 60-minute Zoom session, join the NatWest Business Builder team as we explore the Business Model Canvas, a one-page ‘road map’ of your business. Examining the 9 key areas of a business model to examine the best practises for your business, you’ll come away with a sense of where small, medium and large changes could be made to your business model to improve the way you operate for maximum profitability and rapid growth.

 

Date And Time: Thu, 28 May 2020, 16:00 – 17:00 BST

 

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Event: Economy and Markets - UNDERSTANDING WHY THE RECESSION AND THE TIMINGS

Prosper² Founder Michael Wilson and Director Gerald Bradley have spent time engaging with internationally renowned experts in Societal and Economic trends Linzi Boyd and Darren Shirlaw, the Founders of BoB, who specialise in building brands, growing businesses and impacting industries.

In this LIVE event, the 1st in our 3 part webinar series, they will share with you their views on:

Economy and Markets
UNDERSTANDING WHY THE RECESSION AND THE TIMINGS
You will learn
Why are we here - understanding the economy and the markets Mar 2020 to Sept 2021
What happened in 1987 and why it’s relevant now
What the trend lines look like and what they mean for you
Key principles of what happens in a recession and how you should manage your business


SO JOIN US THURSDAY 28TH MAY @ MIDDAY TO FIND OUT MORE

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Event: Accessing Funds during Covid-19 and How Best To Manage Your Cash

Accessing Funds during Covid-19 and How Best To Manage Your Cash
by Humber Business Growth Hub - #GrowMySME Programme

Find out how best to manage your cash and access funds during the current crisis
About this Event
This webinar covers the 6 points you need to be aware of to access funding and to best manage your cash, delivered by Jo Tomlinson, owner of Business Work UK, an advisory led Accountancy Practice, a growth coach and a certified Quickbooks Trainer.

The 6 key points covered:
1. How much do you want or need?
a. Cash flow forecasts will tell you how much money you need and for how long
b. How to put one together
c. How detailed do they need to be?
d. Timescale
e. Scenario analysis
2. What will you spend the money on?
a. Are you buying new equipment, or is it for working capital?
b. There are certain spend categories which are red flags to some lenders – what are they?
3. Are you considered a viable business?
a. What is your trading history?
b. Is the business generally profitable?
c. Who do you owe money to?
4. Affordability – can you afford to meet the repayments (if there are any)
a. Headroom
b. Stress testing
c. Affordability criteria
5. Funding products – There are many funding products on the market – do you know which one is the right one for your businesses needs?
6. Interest rates – do you understand the terminology? What is the difference between an APR and a fixed rate?

**Once you have booked your place, please follow the webinar joining instructions on the booking confirmation email**
**The webinar will be delivered via the ‘Zoom’ video conferencing software**

Date And Time: Thu, 28 May 2020, 10:00 – 11:00 BST

Location: Online Event

To Book Your Place