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Financial statements are a record of the financial activities of any business. As a small business owner you need to understand how to analyze, interpret, and read financial statements. Based upon the analysis of financial statements the profitability, liquidity, and strength of a company can be assessed. The four basic financial statements are the income statement, statement of owner’s equity, balance sheet, and the statement of cash flows. This course gives a basic understanding of the analysis and interpretation of each of these financial statements and also practice on how to do a simple cash flow projection. Understanding the financial statements will enable a small business owner to keep track of cash, debt, income, and expenses, each month and throughout the year which is key to owning a successful business.
Join this training webinar to help you understand and decide if owning a franchise is an option for you and your business venture proprietorship. This session is designed for you specifically if you are interested in understanding franchised business ownership.
When you have more than one paycheck arriving every month, you feel better about yourself. You look to the future differently, and you consider a wider set of options as you make decisions.
If your goal is to make your gig full time this training will provide tips on how to prepare to take that leap!
Join this class to learn how to maintain work/life balance, find a niche, test feasibility, and create a simple business plan and strategy, while preventing the major pitfalls associated with starting a new venture on your own. The seminar will also assist with the creation of simple financial projections to ensure your side gig is worth your time.
Presenter, Jennifer Funn, Maryland SBDC