It’s always good to get something of value for (almost) nothing, which is why the next free workshop/networking session in Enterprise Ireland’s Finance 4 Growth series is something we’d all need to be mindful of. Taking place on two separate half-days (November 24th/25th) in two different locations (Dublin and Shannon), the participants will, ideally, be Finance Directors/CFOs/CEOs of established SMEs. HPSUs that have been generating sales revenue for at least twelve months are also invited to attend.

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The topic is Succession Planning, which focuses on how to approach a business succession event by formulating a well structured plan that incorporates a comprehensive financial model of your current position, income requirements and business worth, thereby ensuring the long term future of your organisation. The event’s primary speaker is Niall Glynn, a partner in the Private Business tax division, a specialist in wealth management and asset protection, capital taxes, domestic corporate reorganisations and shareholder issues, and the author of ‘Planning for Family Business Succession’. Within the sessions is a CFO Forum, which provides everyone an opportunity to discuss any current issues facing their company. If there is a particular topic that you would like discussed at the sessions please inform us when completing the registration form.

The session in Shannon takes place on Thursday November 24th in the Atlantic Suite, Westpark Business Park; the session in Dublin takes place on Friday November 25th in Conference Rooms 1& 2, Eastpoint Business Park, Clontarf.  Click here to register your attendance at either event . Both days commencesat 8am. The workshops start at 8.30am and conclude at 12.45pm. Be advised that places for each session are limited, and are allocated on a first-come, first-served basis.

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As part of its Finance for Growth Workshop series, Enterprise Ireland will host free half day workshops in two locations (Shannon and Dublin) on Wednesday May 18th and Thursday May 19th. Target participants are, ideally, the Finance Director/CFO of established SMEs, or where there is no internal finance function, then the CEO. HPSUs, which have been generating sales revenue for at least one year, are also welcome.

The event in Shannon will take place at Westpark, Shannon, while the Dublin event takes place in Eastpoint Business Park, Clontarf. Registration on both days starts at 8am, the workshops will commence at 8.30am, and the event will conclude at 12.45pm.

The main speaker at both events will be Dr. Frank Devitt, Head of the Department of Design and Innovation at NUI Maynooth’s School of Business. He will speak about how to critically assess new product innovation projects, and how to evaluate and prioritise multiple projects in a company’s product innovation portfolio. The emphasis of his presentation will be on identifying and managing acceptable risk for a new product development in a medium sized business.

Other speakers will include (at Shannon) Colm Leen, from Carbery Ltd, who will share his experience on Product Innovation from a financial perspective, and (at Dublin) Damien  Flanagan, Manager at KPMG, who will discuss R&D Tax Credits and the implications for cashflow. EI speaker at both events will be Rowena Elliott, who will highlight various EI supports available to support innovation in client companies.

To register your attendance at this event, which has limited places, click here. Please point out what date/location you will be attending.

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Below are my notes on the key messages from each speaker at out recent Cashflow management event; Slides of the presentations are available  at www.enterprise-ireland.com/financeforgrowth

1. Managing Cash Flow: A Practical Guide to Effective Financial Management

Brendan Binchy and Alan Fahey of ROCG, business consultants, focused on a Key Message  throughout the morning:

What Gets Measured, gets managed, what gets managed gets done.

Some other key messages are : (more…)

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If Haynes did practical manuals for business instead of just cars and motorcycles, it’s likely that they’d have Cashflow as the most important topic in the book.

Unfortunately Haynes don’t (yet) have this manual available, which is why Enterprise Ireland is running an event ‘Practical guide to Cashflow management’. This event (running for a 2nd time due to demand) starts 8am  Friday 10th December at our offices in EastPoint. If you are interested in  attending this event, please Click here to register (as the previous session filled up very quickly, priority will be given to ‘Established’ clients who have an immediate need to put the lessons learned into practice).

This event is part of the EI Finance for growth series, More Details below. (more…)

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