Intuit, the makers of Quickbooks desktop and online accounting software, have launched the search for 300 small and early stage businesses to take part in a series of free-to-attend upcoming financial fitness boot camps. More than 400 companies have already benefited from the boot camps in the past.
The free-to-attend workshops will take place at Global Entrepreneurship Congress in Liverpool on Monday 13 March. They follow the success of the initial workshops that Intuit organised in November last year.
The financial fitness sessions will be packed with practical advice on a wide range of topics, including invoicing and being paid; tracking income and expenses; managing cash flow; and handling VAT and other taxes.
Intuit launched the initiative as a response to figures from the Office for National Statistics saying that one in three businesses don't make it past their third year. Intuit's own research, The three-year glitch, revealed that most failures were down to poor financial management and it is vital for small businesses to get a handle on their finances early on.
"Too many businesses run out of cash, manage it badly or just don't have the time or the skills to help themselves," says Pernille Bruun-Jensen, managing director UK, Intuit. "These financial fitness workshops will provide businesses with a serious workout and we look forward to taking them to Global Entrepreneurship Congress in Liverpool."
If you want to get your finances into shape reserve your place here.
Global Entrepreneurship Congress takes place in Liverpool on 9-16 March. Smarta readers can benefit from a 20% ticket discount here.