Merranti Breakfast Club
Our Breakfast Club event is aimed to bring local people and businesses together for a casual networking morning, with keynote speakers to add insight and value to your business, and to your own knowledge. It is a completely free event! The Merranti Breakfast Club is a networking morning with a difference, that aims to be casual and supplies a light breakfast! With an event scheduled for every 2 months, we will have keynote speakers that will extend your knowledge and to help you make informed decisions.
Our first event had speakers from NatWest; who talked about how to gain funding for business growth and what the banks will look and ask for. We also had Jamie Finn from QuickBooks, who talked about the benefits of their software, and how it can be used to grow your business. QuickBooks also had someone on hand to do a live demonstration.
NatWest
NatWest is part of the Royal Bank of Scotland Group and are traditionally known as one of the Big Four clearing banks, and has a network of over 960 branches.
Funding for Business Growth
Their presentation was about how to get funding for your business, and how some banks are there to help you. There are many ways of funding you can get to help grow your business; Overdrafts, Loans, Equity Finance, Crowd Funding and a lot of other alternative options. When looking to gain added funding, it is always good to know what the banks look for and want from you when applying. Banks will ask what the purpose is, the amount and what your business does.
QuickBooks
QuickBooks is an accounting software package developed by Intuit. QuickBooks products are aimed mainly towards small and medium-sized businesses and offer on-premises accounting applications as well as cloud-based versions that accept business payments, manage and pay bills, and payroll functions.
How QuickBooks can help Small Businesses
QuickBooks’ presentation showed a lot of reasons, how and why small businesses fail. One of the scariest facts were, that 59% of business will not survive 5 years. 26% fail after two. A factor as to why this could be the case could be how they manage their finances. 70% of the 5.4 million SMBs in the UK still use Excel, which takes up such a large amount of time. For these businesses, 89% would say they are more successful and 88% expect an accountant to use cloud technology.
But how does QuickBooks help small businesses? Their software helps to spend less time worry and working out your finances, so, allows more time to grow your business. You can also see real-time business insights via the dashboard and are able to run your business anytime, anywhere and on any device.
Future events
If you would like more information about our next event please contact Jordan Williams on 01342 834 624 or jordanwilliams@merranti.com to book a place for our free event or join the mailing list here https://confirmsubscription.com/h/d/59DD92E64B535973