FEOHull

It was great to see all the incredible entrepreneurs and their delegates who joined us yesterday for session one of our Unleashing the Entrepreneur Within program. A huge thank you to Martin Lauer and David Hall for leading the session.

New year, new business? Budding entrepreneurs looking to start their own business will be able to learn from some of the region’s successful entrepreneurs when our popular FEOIgnition programme starts again in March 2025.   FEO’s (For Entrepreneurs Only) popular Ignition programme encourages new business owners to confidently get their business off the ground with the help and guidance of successful peers. And it’s free to attend.   Want to find out more? Click here https://lnkd.in/ee7xkxDU   #FEOignition #Hull

FEOFriday bringing you some #fridaymotivation with @Sally Wray Managing Director @GoHire Tools who talks about 'FEO Peer Mentoring'

Meet FEO Member @Rob Kellock Director @Ultimate Vehicle Leasing Ltd In 2014 Rob was encouraged by family, friends, and a major Client at the time to venture out on his own and he started trading as Ultimate vehicle Leasing (UVL). The business is accredited by the FCA and offers Leasing and Fleet management solutions predominantly to Corporate clients although they do provide personal solutions by referral and recommendation. Clients may want a simple leasing quotation at the most basic level to a fully outsourced fleet Solution. Find out more about Rob here https://lnkd.in/ekM5f5V5

Thank you to our Key Partners @MKM Bullding Supplies David Kilburn is actively involved on our board and provides space for our meetings at the MKM Stadium and Board Find out more here about our Key Partners here https://lnkd.in/eDw2dkN.

TOOLKIT 33 – KEEP YOUR FINGER ON THE FINANCIAL PULSE OF YOUR BUSINESS It's #FinancialWellnessMonth This toolkit was jointly developed with Geoff Potts an expert in ‘Dynamic Accounting’ at the Foundation for SME Development at Durham University Business School. For many businesses finance and accounting tends to be left to banks and accountants. By leaving your numbers to the ‘experts’ you may be missing a trick or two. You may be even giving up control of your business. As the Manager of any business you need to know what makes your business profitable (or not) and how to have enough cash available to pay bills at the right time. If your business is growing you want to know how much extra cash you will need and where to get it. You need to understand the financial consequences of your business decisions on the financial results of your business overall. Read more here https://lnkd.in/gi6rxPWJ #keephealthykeepgoing

Thank you to our Key Partners Cranswick Country Foods PLC who are one of our longest standing Key Partners. Find out more here about our Key Partners here https://lnkd.in/eDw2dkN.

FEOFriday bringing you some #fridaymotivation with Karl Douglas Director at Beverley Travel Ltd who talks about his 'Favourite business book'

TOOLKIT 32 - FIGHTING THE FLAB Once businesses move from the entrepreneurial stage, where they watched every penny, into the mature managed state they often build in unnecessary costs. You will be familiar with the annual budgeting and planning cycle: last year’s budget with a 10% sales increase and a lot of hope! Fixed costs are normally carried forward year on year and rarely re-examined. You may even be in a business unit or department where a mandatory target is given to you without any thought of the issues that may be apparent to you in the next financial year e.g. increased regulation or decreasing consumer confidence. If this is the case then it is even more important that you focus on the areas of cost that you have a direct control. By getting back to basics using a zero-based budgeting process, businesses can free up significant amounts of cash, which can then be reinvested in the areas of the business, which create the real profits. Read more here https://lnkd.in/gi6rxPWJ #keephealthykeepgoing

🎉🌟 Happy New Year from FEO! 🌟🎉 As we step into 2025, we look forward to continuing our mission to support local entrepreneurs and grow the economy of Hull & East Yorkshire. In 2024: NxGen has delivered FEO Masterclass Days to over - 650 students FEO Members have helped over 80 business owners through our programmes FEO Members have volunteered over 5000 hours Together, we’ll make 2025 even more successful, with more businesses launched, more jobs created, and more opportunities for all. Here’s to a year of big dreams, bold actions, and shared success! #HappyNewYear #FEO2025 #EntrepreneursUnited