Financial Fundamentals of Running a Small Business
This workshop is designed to provide you with a sound platform for establishing an efficient and effective system of forecasting, collecting, and reporting the information which is critical to the financial success of your business. The session covers: - Why is record keeping important? - General requirements to begin record keeping - Accounting systems - Account reporting PLUS - 10 Basic book keeping and tax requirements Understanding financial fundamentals helps you to identify the loss leaders and profit centers of your business, while allowing you to understand the impact that managing your operations properly can have on your bottom line, and then use this information to satisfy your tax obligations and achieve your financial goals.
Speaker(s): K. Beauchamp
Fee: No Cost