When

Wednesday, September 30, 2020 from 1:00 PM to 4:00 PM PDT
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Where

This is an online event. 

Contact

Karen Ginther 
SCORE Greater Seattle 
206-553-7320 
greaterseattle@scorevolunteer.org 

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

Webinar Information

This is an online meeting via ZOOM online conferencing software. There will be no classroom presentation.  ZOOM requires an internet connection and can run on PCs, Macs and on both Apple and Android tablets and cellphones.  ZOOM will display the presentation and also broadcast the audio though your computer or device. If your computer does not have sound, an optional telephone number will be provided to call in when you log into ZOOM.

 

Managing Finances for a New One-Person Business (Online) -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.