Finance and Funding workshop
04/06/2026 | 10:30am - 12:30pm
Event Location: Queen Victoria House
Event Address: Queen Victoria House , 794 Cranbrook Road, Ilford, IG6 1JS
Contact Email Address: Peter.Schonbeck@redbridge.gov.uk
Event Description
About the session
Understanding your finances is an important part of starting and running a business. This session will help you plan your numbers with more clarity, so you can make informed decisions and understand what your business needs to operate.You will learn how to build a simple financial forecast, including sales, costs, and expected profit. The session will also introduce different funding options, such as personal investment, loans, and grants, and help you identify what may be suitable for your situation.
Who Should Attend
This session is suitable for:
• Individuals planning to start a business and want to understand their financial requirements
• Early stage business owners who want to improve their financial planning
• Those who are unsure how to forecast sales, costs, and profit
• Anyone exploring funding options to support their business
By attending this session you will
• Understand how to create a simple financial forecast
• Identify your start up costs and ongoing business expenses
• Gain clarity on how much you may need to pay yourself
• Understand how to set realistic sales targets
• Explore different funding options available to businesses
• Be aware of relevant support, including grants and government schemes
• Receive a financial forecast template and understand how to use it
• Leave with clear next steps to plan your finances
After the session, you will have the opportunity to book a one to one session with a business adviser. This will allow you to discuss your financial plans in more detail and receive tailored guidance based on your business needs.
For more information, please contact us Peter.Schonbeck@redbridge.gov.uk
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