Is Your Financial House In Order?

This workshop is designed to help participants manage their financial risks and opportunities when starting or growing a business. There are many benefits to growing your analytical skills and keeping a close eye on your business financial health. Knowing and understanding your financial statements - especially business cash flow - will help you be a credible and effective manager and negotiator with your business partners. 

Here is a selection of the topics covered by this workshop:

• Why is a regular review of financials so important?
• What good accounting habits and procedures can help you stay on top of the numbers?
• What are your income statement and balance sheet telling you?
• How can you use cash flow to look forward to predict risks and opportunities?
• What can help you carefully evaluate new business opportunities and compare with alternatives?
• What affects your cash flow the most?

If future cash flows look strong, you can seize business opportunities to expand earlier and with more confidence. You will have better control and be able to identify risks and take preventive actions ahead of time. SCORE can be your sounding board to test your ideas and tailor your plans. This workshop will arm you and help you make confident decisions with detailed knowledge of your financial potential.