Financial Boot Camp: Understanding Financial Basics

Do you want to better understand the basics of your business finances? Then this all day virtual boot camp is just for you.

Join us from your home, business, or a location of your choice for this exciting all-day financial boot camp. Spend the day with us learning tips, tricks, and advice on how to make heads or tails of your business finances.

Please register to receive the link to join Financial Boot Camp: Understanding Financial Basics after clicking the 'Register Online' button below you will receive step-by-step instructions on how to access this virtual Zoom event on October 26th!

Session 1 - Bookkeeping Made Easy (9:00am-10:30am) Get answers to basic bookkeeping questions. New and prospective business owners will learn about accrual and cash basis accounting, what are expenses and revenues, manual and software bookkeeping options, outsourcing, and what your business actually needs when it comes to bookkeeping.

Session 2 - Business Taxes 101 (10:45am-12:15pm) Learn what is required of the small business owner when filing taxes, what tax dates are important, and what records should be kept, and the actual process of filing. Learn what triggers tax audits and steps to take in order to prevent or survive an audit.

Session 3 - How to Prepare for a Lender (1:00pm - 2:30pm) Find out what information banks really need for a solid funding proposal and how it’s used. Discover what type of questions the lender will ask you and what questions to ask the lender. What are credit score and collateral expectations? Hear the “do’s and don’ts” that you can address now to improve your chances.

Session 4 - Financing Your Small Business (2:45pm-4:15pm) How do you predict how much money you need for your business? Where do you find it? How do you get it? This session will examine how to access capital. We will also discuss the differences between traditional and non-traditional lenders, equity vs. debt financing, how forms of business ownership affect financing possibilities, and many other topics of interest.