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Virtual Event: SBDC Financial Breakthrough

Virtual Event: SBDC Financial Breakthrough

Wednesday, 21 April, 2021

Location: Online/Webinar

Description:

This webinar will focus on starting your business with simple financial concepts that are "scalable" with the growth of your business. We explain the three major financial reports that are a minimum requirement for a viable business plan: budget, income/expense and cash flow. In addition, the webinar provides a short explanation when a balance sheet is needed and how to read it.

The following topics will be discussed:

  • Power of financial statements
  • Difference between accounting and financial predictions
  • How to start a budget
  • How to start a cash flow statement
  • Basic financial concepts
  • Break-Even calculation
  • How to predict revenue as a startup
  • Financial management concepts
  • Frequently used financial terms
  • Tools for financial management

Register now: https://ilsbdc.ecenterdirect.com/events/34194

Cost:

Free

Contact:

Business Development Center