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Understanding Where Your Money is Going-FACE-TO-FACE

Mar
17
2022
Thu 6:00 PM to 9:00 PM

“Cash” the Lifeline of Your Business

“My accountant said that I am making a profit and will owe taxes, but I don’t have enough money to pay my bills.” This seems to be the story of many small business owners and managers. Many small businesses focus on the profit and loss and not enough attention is given to the day to day flow of cash in and out of their company. It is this activity that assures businesses the available cash to properly operate and be successful. This seminar teaches a business owner or manager why the cash flow of their business is so important and where the cash will come from to operate effectively.

Topics to be discussed will include:

Why is cash so important to the life of your business? How do I do a cash flow statement and what does it tell me? How does cash flow differ from a profit and loss statement? Where can I get the needed cash to operate my business? Are my accounts receivables absorbing my working capital and how do I prevent it? How can I collect those unpaid accounts? Should I use the Small Claims Court to collect my unpaid accounts? Am I really helping someone else finance their business instead of my own?

This seminar is a must for any business owner or manager to help them understand why cash is so important to the survival of their business especially in slow economic times.


Fee: No Cost

Phone: 828-395-1416

Location

Isothermal Community College, Engineering Technology & Workforce Development, Room 215
286 ICC Loop Rd. Spindale, NC 28160
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