You Can Export: Managing Your Finances when Selling Overseas – Workshop
Event Venue and Description: NatWest, 1 St Paul’s Place, 121 Norfolk Street, Sheffield, S1 2JF
Understanding cash flow and payment is a crucial part of any successful business, but particularly for those who wish to export. Multiple currencies, exchange rates and payment terms can all further complicate business transactions, and if you’re not prepared for it, can slow down your international growth.
In this interactive workshop, brought to you by Natwest, The FD Centre, UK Export Finance (UKEF), ERDF and the Department for International Trade, the key points of managing your finances for overseas business will be looked at, as well as how to access grants and funding that can contribute towards export-related expenses. The differences in dealing with overseas and online payments will be covered as well as how to manage your cash flow to help your international trade grow further.
The half-day workshop will cover:
Managing cash flow and payment terms
Minimising funding gaps during production and shipping times
Export credits, insurance and funding
Working with online payments
Accessing funding and grants
After this workshop, you will be able to confidently set payment terms and effectively manage your finances, understand the end-to-end funding cycle, work out ways to minimise your payment gaps, understand online payments and enquire about DIT and UKEF support and the Exporting for Growth* grant programme. This event is being hosted by The Training Gateway at the University of York.
Iain Turnbull, Working Capital Manager Cash & Trade, Natwest
Graeme Gibson, Finance Director, The FD Centre
Robin Priestley, Export Finance Manager, UKEF
Ingunn Vallumroed, ERDF Project Manager, ERDF
*Enterprise Growth Solutions, in partnership with DIT, is delivering the contract for the European Regional Development Fund (ERDF), which provides £6.7 million of funding for first time exporters and also experienced exporters as part of the Exporting for Growth programme.
For further information and details of how to register, please follow the link provided.