Events

How to ensure that your business finances work in your favor? 

The Culture Factory invites cultural representatives, creators, and young businesses to participate in a practical entrepreneurship seminar, "KUFA | Effective Money Management: How to Create a Sustainable Money Management Strategy for Your Business," on April 29 at 3 p.m.

Cash management is one of the most important conditions for business success. Even profitable companies can face financial difficulties if money is not managed effectively. In this practical workshop, you will learn clear and applicable rules for structuring your company's finances and planning income, expenses, and investments.
What will you learn and discover? 

 How to implement cash management procedures and financial discipline
Company cash reserve formula: how much financial security is needed according to the X-day principle?
How to calculate and optimize key sources of cash?
Profit distribution algorithm: how much to allocate to dividends and how much to reinvest?
Tax optimization: are you really not overpaying?

Registration is limited gabriele@kulturosfabrikas.lt

 Lecturer: Rūta Ūsaitė-Duonielienė – financial expert and business mentor who helps business owners clearly understand and effectively manage cash flows.

The practical seminar will take place at the STUDIJA 2A Culture Factory (second floor). Duration: 3 hours.