Finance Fundamentals: The Meaning Behind the Numbers at Lisburn Enterprise Centre, Lisburn on Fri 27 Sep
Finance Fundamentals: The Meaning Behind the Numbers at Lisburn Enterprise Centre, Lisburn on Fri 27 Sep

Fri 27 Sep 2024 at 10:00AM

Finance Fundamentals: The Meaning Behind the Numbers

by Go Succeed

2,883 followers 

Lisburn Enterprise Centre, Lisburn

    

    

    

    

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ABOUT THIS EVENT

The Go Succeed Start team hosts this in-person enterprise support clinic, designed to provide aspiring entrepreneurs and early-stage business owners with expert guidance to master Finance Fundamentals: The Meaning Behind the Numbers.

This support clinic offers a gentle introduction to finance and financial fundamentals, exploring the meaning of the terms, the primary financial statements including income statements (profit and loss), statements of financial position (balance sheet) and cashflow statements, and finally identifying the key information these Primary Financial Statements provide.

By the end of the workshop, participants will be able to:

Understand Basic Financial Terminology:

  • Define and explain key financial terms and concepts.
  • Recognise the importance of finance in various contexts.

Comprehend and Interpret Primary Financial Statements:

  • Income Statement: Identify and explain the components of an income statement.
  • Analyse revenue, expenses, and net income to determine profitability.
  • Balance Sheet: Identify and explain the components of a balance sheet.
  • Understand the relationship between assets, liabilities, and equity.
  • Interpret cash flows from operating, investing, and financing activities to assess liquidity.

Extract Key Information from Financial Statements:

  • Gain insights into a company’s financial performance and position.
  • Use financial statements to identify trends and make informed decisions.

Introduction to Financial Ratios:

  • Understand basic financial ratios (e.g., liquidity ratios, profitability ratios, solvency ratios).
  • Learn how to calculate and interpret these ratios.
  • Use ratios to evaluate a company’s financial health and performance.

Apply Knowledge to Practical Scenarios:

  • Develop the ability to read and analyse financial statements.
  • Make informed decisions based on financial data.
  • Understand the implications of financial information for personal and business finance.


Date, Time and Location:

Friday 27 September at 10am; Lisburn Enterprise Organisation, 6 Enterprise Crescent, Lisburn, BT28 2BP.

Our chosen venue is fully accessible, ensuring that everyone can join us for an inclusive workshop experience, with parking available onsite.

This Go Succeed workshop is open to all individuals in the early stages of their business, located in the Lisburn and Castlereagh City Council area and neighbouring Council areas and facilitated by the team at Lisburn Enterprise Organisation.


About the Presenter

Belinda O’Neill

Belinda is an Award winning, Best-selling Author, Speaker, Event Facilitator, Podcaster, Creator, Educator and the Founder of Be Inspired To Be®, recently trademarking her unique concept of Creatively Cleansing®.

 

Registration instructions: This event is free for individuals.  Please note, your email confirmation and eTicket will come from noreply@glistrr.complease add this to your list of trusted accounts to prevent information landing in your junk folder. 

Please note as this is an in-person event, the registration numbers for this are restricted. Whilst Go Succeed operates across NI, this event is being hosted by Lisburn and Castlereagh City Council, therefore should the event reach capacity and a waiting list is created, priority access will be given to Businesses based in the Lisburn and Castlereagh City Council area.

This workshop is brought to you as part of Go Succeed NI.  Go Succeed represents a significant investment in local entrepreneurs and businesses, funded by the UK Government.

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DATE

Fri 27 September 2024
10:00AM - 12:00PM
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LOCATION

Lisburn Enterprise Centre
Enterprise Cres
Lisburn
BT28 2YG
United Kingdom