Managing Finances for a New One-Person Business -C0055

You’ve started making sales and having expenses for your business. Great!! But now. . . You’re worried about cash flow. You’re concerned that the shoe-box of receipts isn’t good record keeping. And you’re totally lost as to what taxes you’ll need to pay and what tax returns you need to file.

And the worst of it all, you’re all alone in your business!! If you need help in any of these areas, this workshop is for you!!!

Workshop Description

This 2.5-hour workshop is designed to give you, the business owner, the financial skills and know-how needed to perform key tasks like to:

• Determine how to accurately compute the amount of funding you’ll need to start your business

• Learn how to project your future financial results realistically

• Manage your cash flow successfully

• Keep your accounting records properly

• Understand what taxes you and your business will be susceptible to pay and how to pay taxes timely

Proper management of finances is crucial to any business’s success and a special set of skills is needed if you are a one-person business. Join us to learn how to calculate your startup costs for potential financing, project your sales and profits, manage your cash, establish the right accounting system for your business and pay your taxes on time. In other words, ensure you build a business right from the start that will grow and be profitable!!!

This workshop is suitable for everyone whether you are starting a new business from or need to update your skills. This is an interactive workshop. We encourage participation by all attendees -- so bring along your questions!

SCORE’s Small Business Essentials Workshops prepares individuals to make the right decisions and create actionable plans when starting a small business. Whether you are starting a business on your own (one-person business) or a business with employees, we have the right set of workshops to help you succeed. All the workshops are about three hours in length and taught by experienced SCORE Mentors. See more information on these workshops here.

Presenter

Chuck Botsford

This workshop is presented by SCORE Business Mentor, Chuck Botsford. Chuck has worked with both small and large businesses in marketing, finance and operations. He spent the first 15 years of his career managing restaurants and, during that time, was a financial controller in a regional restaurant chain. He then became an author and educator as he transitioned to the technology industry. For the past 17 years he was at Microsoft in areas of marketing planning and strategy with both retail customers and enterprise businesses. He has an MBA from the University of Wisconsin-Eau Claire. You can learn more about Chuck at his LinkedIn profile here: Chuck Botsford