Financial literacy is a critical life skill that empowers individuals and businesses. In today’s economic environment, where financial decisions carry profound implications for well-being, the lack of understanding financial concepts holds people back. Whether you’re an aspiring entrepreneur, a seasoned business owner, or simply someone striving for personal financial stability, the ability to comprehend and manage finances effectively is indispensable.
At its core, financial literacy encompasses a spectrum of knowledge and skills, ranging from basic budgeting and monitoring techniques to more sophisticated concepts such as investment strategies and tax optimization. It’s about equipping oneself with the tools and understanding necessary to make informed decisions, both in the short term and over the long haul.
These workshops aim not only to raise awareness about the importance of financial literacy but also to provide participants with practical knowledge and skills that they can apply in various facets of their personal and professional lives. By delving into topics like financial modelling, accounting, and tax optimization, these workshops will offer participants a comprehensive toolkit to navigate the intricacies of financial management effectively.
The Importance of Modelling (Session 2 of 3)
In this workshop, participants will delve into the world of financial modelling and its significance in shaping the success of startups.
A good financial model is not only critical for planning your business, but will also help to explain your business to investors and other stakeholders.
You will learn how to create accurate and realistic forecasts that align with your business goals and gain practical strategies for managing cash flow effectively to support growth and sustainability.
The session will focus on empowering entrepreneurs with the skills and knowledge to effectively structure and plan the financial aspects of their business ventures.
Why attend?
- Get an understanding of how finance works for small business
- Learn how to build financial models to receive investments
- Learn how to budget and pay taxes in UK business
Who is this for?
- Founders / Senior Leaders of startups
- Directors of Small Business
- Freelancers looking to step up their business
- People considering setting up a business
3 sessions
Our masterclass are made up of 3 sessions run over 3 months. While you can attend them individually, we recommend coming to them all for the best experience.
- Core Accounting (Mon 13 May 18:00)
- The Importance of Modelling (Mon 10 Jun 18:00)
- Budgeting and Saving Tax (Mon 8 Jul 18:00)
Workshop leaders
James Curtis is a financial modelling consultant who works with individuals, charities and startups helping them understand and communicate their financial narrative. He is ranked in the top 100 in the Financial Modelling World Cup.
Ben Adams has 10 years experience as an accountant and portfolio financial director working with early stage startups. He runs a small accountancy practices offering day to day financial support, accountancy and business strategy
SPACE4 Masterclasses
SPACE4 is part of Outlandish, a co-op that builds websites and digital tools for progressive causes . We are interested in tech for good, progressive economics, and social issues. We provide co-working, meeting, and events space, primarily to social innovators and digital activists. We also organise and host a range of networking and training events around these topics.
This workshop is part of an ongoing programme of masterclasses to upskill our network and community in Islington and beyond.
Don’t hesitate to get in touch or visit us.
The £5 charge on this event is a deposit that will be refunded if you attend. The reason behind this is to assure bums on the seats as they spend a lot of time prepping for these events and workshops. If you’re unable to pay contact natasha@outlandish.com for free registration.