Learn the financial concepts and reports that allow a business owner to understand the financial health of his/her business and plan for profitable growth.
You will learn and discuss:
The importance of financial planning
The key financial terms and definitions
How to determine the start-up funds your business requires and put together a funding plan
How to prepare sales projections
How to plan for ongoing operating expenses
How to understand the three major financial statements (balance sheet, profit and loss statement, and cash flow statement), and their importance and impact on your business
How to prepare a breakeven analysis, and why it is important
How to build a financial projection that will determine if your business is viable
$23