Managing Finances for a New One-Person Business -C0385 

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! 

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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!

Presenter

Terry Snyder

Terry graduated from Central Washington University in 1972 with Bachelors Degree in Business and Finance. He started his career in banking in 1973 where he worked in consumer lending for a national bank. He moved into mortgage banking 1974 in North Central Washington. He moved to Western Washington in 1986 where he started a mortgage division for a local commercial bank. He eventually rose to the position of Senior Vice President for a regional bank. After leaving mortgage banking in 2000, he spent 10 years as owner of a franchise involved in residential construction management. He has experience in banking, finance, marketing and management  with special emphasis on real estate finance, construction and sales. He has been a Score Mentor for the past 10 years.

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