How To Assess Projects Financially
Are you a small business owner or finance controller, who is faced with evaluating new projects commercially? Are you keen to bolster your capital decision-making process to help you make strategic and informed choices? If you are, this session will aim to provide you with the tools you need to take project finance planning to the next level.
When it comes to new projects or improvements to infrastructure, it pays not to leave anything to chance. Now, more than ever, making sound decisions to protect your current position, whilst also continuing to fuel future growth, can be a difficult-to-manage balancing act. Should you open that new branch? Is it time to upgrade your equipment or invest in new tech to ensure your business continues to be ‘match-ready’? Is the project you’re planning commercially viable and will there be the likely rate of return?
These and many more fundamental questions can be addressed with proper financial evaluation and this session will set out to show you how.
Who should attend this session?
This engaging session is a must for small business owners and finance managers who are instrumental in the new project decision-making process and are looking to explore techniques and methods for making informed capital investment choices.
Please note that this webinar/workshop is open to trading SMEs based in Derby, Derbyshire, Nottingham and Nottinghamshire. Businesses located outside of this area will be unable to attend and instead directed to alternative support.
What will we cover?
- Understanding why we need to evaluate projects before taking them on and how things can go wrong if we don’t.
- Distinguishing ongoing operations from ‘projects’ or new investments.
- Exploring ways to fund new projects.
- Highlighting three methods of evaluating a new project and demonstrating these on a case study.
- Looking beyond finance – is the project a strategic fit for the business?
What outcomes can you expect from joining us?
After attending this session, you will be better equipped to:
Use sound financial assessments to support key project investment decisions.
Choose the right investment methods to support your longer-term business goals.
Diligently assess investment decisions and mitigate over exposure.
2.00pm – 2.45pm – Webinar presentation
2.45pm – 3.00pm – Break
3.00pm – 3.45pm – Webinar presentation
3.45pm – 4.00pm – Q&A
Who’ll be presenting this session?
This business-essential session is presented by Alice Davidchack, an experienced Chartered Management Accountant and a Business Coach. She works with business owners throughout the UK, helping them to develop robust financial strategies and create business models that work.
Alice coaches on all aspects of business finance planning and accounting, including cash flow management, budgeting and forecasting.
This Webinar is hosted by the D2N2 Growth Hub, East Midlands Chamber and part-funded by the European Regional Development Fund.