Thursday, November 24, 2022

Lancashire companies urged to register for Finance Simplified assist programme

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Lancashire enterprise homeowners and managers are being urged to register early for a well-liked assist programme giving them exterior steering on their funds.

With inflation rising the prices of enterprise operations and rising expectations of a recession within the new yr, the Finance Simplified course from Lancashire County Council’s Entry to Finance Lancashire service helps enterprise leaders higher navigate the troublesome monetary panorama.

Finance Simplified is a 12-hour programme designed for Lancashire companies. It features a sequence of workshops delivered over the course of 1 month by members of the Entry to Finance staff {and professional} advisors from throughout the private and non-private sector.

Attendees will achieve an intensive understanding of economic statements, enterprise planning, cashflow forecasting, funding choices and the way companies can equip themselves within the face of the rising value of doing enterprise. Following the programme, companies have the chance for a overview and brokerage session with a finance advisor.

Companies are urged to register early for the subsequent cohort in January to keep away from disappointment.

Mark Gibbons, senior Entry to Finance Lancashire specialist, mentioned: “The price of doing enterprise is anticipated to proceed to rise over the approaching months and with many companies already repaying money owed from the Covid pandemic, navigating the approaching months will likely be difficult.

“Most small firms shouldn’t have a finance director and the Finance Simplified programme will give them an exterior view on their very own enterprise and the monetary panorama. That can assist them to be forward of the sport and make necessary selections successfully and rapidly.”

Entry to Finance Lancashire, funded by way of the European Union via the European Regional Improvement Fund and by Lancashire County Council, gives knowledgeable monetary assist for gratis to eligible companies. It offers Lancashire firms entry to a staff of finance and funding specialists to assist them discover and safe funding.

Along with this one-to-one service to assist enterprise safe finance, Entry to Finance Lancashire operates the Finance Simplified programme, designed to assist companies perceive their monetary state of affairs, whether or not exterior funding is true for them and assist them be in a greater place to safe funding.

“To this point, a lot of enterprise have accomplished the programme and we’ve helped many of those with additional assist with the subsequent step – serving to them to safe the finance they should develop,” added Mark.

“Our final cohort earlier than Christmas has already begun and purposes are open for our first cohort of 2023, beginning in January. We might advise firms to enroll now to keep away from being dissatisfied.”

Lancashire companies can register their curiosity in Finance Simplified right here: a2flancashire.growthco.uk/finance-simplified.



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