Developing a Financial Plan

Developing a Financial Plan

Date: Thursday 12th and 19th April, 9am – 12noon
Venue: ADBT Business Training Room
Presenter: Mark Caldwell, Mainland Insurance
Member Price: $180 + GST
Non-Member Price: $300 + GST
(NZTE vouchers for up to 50% of the full price may be available)
“One of the main reasons for embarking into business is so that we are in control of our financial future. Planning is the key to your business success, so to ensure that your business grows successfully it is essential that you have a sound financial plan that will outline the following in detail for the next 12 months / business year:

Forecast revenue, cost of sales and all business expenses – WHAT is the potential for profit in my business?
Forecast your business profitability for up to 3 years – WILL my business be financially sustainable?
Forecast cash flow requirements – CAN I pay my bills on time and have money in the bank?
Identify what start up and/or on-going working capital you require – WHAT funds do I need to make my business work?
Complete a breakeven analysis – WHAT minimum sales do I need to make to cover all my business costs?
Forecast business financial position – IS my business increasing my own net worth?
Complete a ratio analysis – WHAT is the financial health of my business? Is it financially sustainable?
Leveraging from my financial plan – HOW do I access further funds?

< Back to Training

For more information about any courses please contact:
ph (03) 687 2733 or email: commerce@southcanterbury.org.nz