What a Business Owner Should Know About a Start Up Budget, Accounting Basics and more
This workshop provides an overview of accounting fundamentals for small business owners and those planning to start a small business.
You don't need to be an accountant or financial expert BUT you do need to know some basics and most important will your business make a profit and how will you know.
The workshop will help you understand what is important for you to know and/or be aware of in the world of accounting. Topics include the role of a bookkeeper vs. an accountant vs. a CPA, accrual vs cash basis, creating a startup budget, can my business make a profit and choosing an accounting software application.
Part 2 of a 4 part series
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Presenters: Gloria Spence and Eric Saunders. Gloria was the former Director of Finance- Northeast Region for Hearst Television (WCVB TV). Eric Saunders is a CPA and retired in 2016 after a long career with a public accounting firm.