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Understanding finances is crucial to succeed

On Wednesday (July 5), Cowork Hub opened its doors to welcome participants to the Financial Planning Workshop.

Delivered by John Clarke from Nwes (one of the largest not-for-profit enterprise agencies in the UK offering total business support, boosting self-employment and encouraging enterprise), the event provided a comprehensive understanding of how to plan and present financial forecasts.

Work on your business projections

Attendees left the morning session prepared to present their forecasts in a professional way, giving them, and any third parties such as banks, or investors, a clear understanding of their projections.

“I liked the content, the pace and the way it was presented. It was great to learn from an expert like John Clarke, in a professional and quiet conference room provided by Cowork Hub

The knowledge John shared with us was really well structured and the quantity was perfectly suitable and relevant. As I am a self-employed businesswoman in the making, all the information shared was really useful and some were even a revelation to me” – Joanna Dudzinska – EFL/ESL Teacher and Tour Guide

“It was really helpful, engaging and dynamic for a financial planning course” – Katy Widarto – My Pop-Up Kitchen

Plan, Plan, Plan

According to John, understanding your finance is crucial to making the right decisions.

“At the end of the day, it’s about knowing how much money you are making… Know your numbers, understand your finances from inside out.” 

Delivered by  Nwes on behalf of the London Growth Hub, the workshop is part of the “Start, Scale, Grow“, a programme designed to give start-ups and SMEs owners the knowledge, skills, tools and confidence they need to scale and grow their businesses.

As part of the initiative, entrepreneurs have access to free workshops, mentors and expert facilitators, who share practical tools and interactive learning, giving aspiring and existing entrepreneurs that set of skills needed to take their business off the ground.

By Val de Oliveira