Get yourself on the road to financial literacy as Remi Harris breaks down how to balance the books when setting up a new business, platform, or creative project
Money makes the world go round – never more so when it comes to setting up a new business or creative project and making it sustainable in the long run.
Being on top of your finances is crucial to creating a ripe environment for growing your ideas and future-proofing them in the face of the ever-changing, fast-paced creative and startup sectors. After all, a common reason why small businesses and startups – both new and more established – fail is because of a lack of planning and preparation around their finances.
After this session, with solid financial knowledge under your belt, you can spend less time worrying about money, and more time growing your ideas.
After the session you will:
- Understand the difference between turnover, expenses, and profits
- Learn about invoicing, including how to create an invoice
- Discover the specific purposes and benefits of a business bank account
- Know what records you need to keep, why, and the different methods of organising them
This event is part of Creativity Works, a Mayor’s Fund for London programme supported by Citi Foundation and delivered by Create Jobs at A New Direction.