Financial Basics for New Small Businesses

This workshop is designed to equip you, the business owner, with the financial skills and knowledge needed to perform key tasks, such as determining the accurate amount of funding you’ll need to start your business. You will also learn how to project your future financial results realistically, including forecasting sales for a new business, understanding your cost of goods sold and gross margin, projecting your operating expenses, calculating your net income, and planning your cash flow successfully. This workshop features a dedicated section on creating financial statements for service-based businesses. Proper management of finances is crucial to any business’s success, and a special set of skills is needed to understand and create these critical financial statements. This workshop is suitable for everyone, whether you are starting a new business or need to update your skills. This is an interactive workshop. SCORE encourages participation from all attendees — so bring your questions along! Price: $10.00. A SCORE webinar.