When

Thursday, May 7, 2020 from 1:00 PM to 4:00 PM PDT
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Where

SCORE Greater Seattle 
2401 4th Ave, Suite 450
Seattle, WA 98121
 

 
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Contact

Karen Ginther 
SCORE Greater Seattle 
206-553-7320 
 
 

Managing Finances for a New One-Person Business -C0055 

You’re starting a new business or are just starting your business. Great!! But . . . You’re worried about cash flow. You’re concerned that the shoe-box of receipts isn’t good record keeping. And what about taxes? 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!

This 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 sales and create a projected profit and loss statement to forecast your future financial results realistically.
  • Create a cash flow statement and 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 or need to update your skills.  This is an interactive workshop. We encourage participation by all attendees -- so bring along your questions! 

Listen to what others who have attended this workshop have to say about the instructors and the program:

  • Really helped me understand the projection of fixed and variable costs and how to make a cash flow statement.
  • The workshop examples easy to understand and the financial templates provided are immensely valuable.
  • Now I know what mistakes I’m am making in my business and how to fix them. 
  • I appreciated that they had financial examples for service-based businesses.
  • This workshop far exceeded my expectations on what I thought I would learn.

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

Bring your laptop – all workshop materials will be available in electronic format. 

Presenter 

Joe Heinrich

This workshop is presented by SCORE Business Mentor, Joe Heinrich.  He is a retired Certified Public Accountant, having worked for KPMG, an international accounting firm, for 11 years to start his career.  He then worked for 21 years with Coca-Cola Enterprises Inc. in both Europe and the US, holding various finance executive positions like the VP-Finance for its European Group.  He has an BBA from the University of Wisconsin-Eau Claire and is seeking a BA from the University of Washington.  You can also visit his LinkedIn profile here:  Joe Heinrich