Due to the increasing effects of the Coronavirus, we are suspending our venue-based courses in March and April. Please see our latest announcement for further information.
Free workshop for members based in England
The time
11am to 4pm
The venue
Musicians’ Union
60-62 Clapham Road,
London
SW9 OJJ
Income can vary from month to month when you’re a creative freelance. So, in this workshop, we’ll show you how you can plan to have enough cash all year round and avoid the panic of running out of money at any given time.
Workshop Content
This workshop will help you dig out your crystal ball and plan your finances for the next 12 months. We’ll look at how to predict likely incomings and outgoings, and how to spot problems before they catch you by surprise.
We’ll work through some typical scenarios relevant to your creative work and include plenty of examples to help you get used to taking control of your financial future.
You don’t have to be a whizz at maths or spreadsheets as we’ll aim to make sure that it’s easy to understand. We’ll also provide you with a useful toolkit to use after the workshop to help make managing your cash flow straightforward. The workshop includes:
- An introduction to monthly budgeting for personal and business spending
- Using estimates to set work patterns
- How to make sound business decisions based on financial information
- Risk planning
- Cash flow planning.
Who should attend?
Any freelance who wants to improve their financial and cash flow planning and management and is daunted by financial unknowns.
Note: We’ll be using spreadsheets to illustrate examples but you won’t need to use spreadsheets during the workshop. You will find a calculator useful. The one on your phone will do!
Learning outcomes
By the end of this workshop you should be able to:
- understand how to guestimate monthly budgets
- use cash flow planning to avoid problems before they happen
- use financial estimates to help make better business decisions
- use spreadsheet templates (provided) to plan your own freelance life
Tutor: David Thomas
POLITE REQUEST: if you are successful in obtaining a place on this workshop and, due to unforeseen circumstances, you are unable to attend, please let us know asap because we have others on the waiting list who we can allocate your place to. If you do not let us know this will disadvantage another member. Also, we may lose the funds that enable us to provide these workshops to all members including yourself.
NOTE: 1. If we were to postpone or cancel this workshop due to unforeseen circumstances (this has happened only twice in five years due to tutor illness and a tube strike), we will be unable to reimburse any costs such as pre-booked travel expenses. If this were to happen in the future, we will email and telephone you as soon as we know that there is a cancellation and attempt to re-schedule the workshop asap. 2. We are required to undertake a short equality & diversity survey, which you will need to fill in before or at the workshop. The information provided will be treated in the strictest of confidence and processed in accordance with the Data Protection Act 1998 and will help in our commitment to E & D.
IMPORTANT: Unfortunately we cannot always offer everyone who applies a place due to high demand. We set up a waiting list and contact people if there are cancellations. If you do NOT receive confirmation that you have secured a place, please do not turn up on the day because we will not be able to admit you. However, please keep applying because we work hard to ensure that everyone has the opportunity to attend at some point.
Apply online
Further enquiries
e: kate.w@feutraining.org
t: 07464 306 542