Tag: finances

Basic Accounting for Business Management

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Understanding your company’s assets, liabilities, income, costs, and expenses can give you a clear view of how your team’s goals impact the specific numbers on each financial statement and affect your company’s overall financial health. Attend on Thursday, Jan. 27, 2022 at 6:30 p.m.

This workshop will help participants develop their skills in the following:

  • Understanding the Balance Sheet
  • Understanding the Cash Flow
  • Understanding the P&L
  • Understanding Key Ratios
  • Managing a Budget
  • Analyzing Variance
  • Developing the Financial Plan for your CPA

Setting Up Your Business’s Accounting Systems

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In this business workshop, you will learn the best methods, applications, and services you can use to set up your financials in a way that gives you and your small business the best chance to succeed. Attend on Thursday, Jan. 20, 2022 at 6:30 p.m.

This workshop will help participants understand the following basic considerations for properly setting up your business’s finances:

  • Shopping for a Bank or Credit Union
  • Opening a Business Checking and a Business Savings Account
  • Considering a Business Credit Card
  • Understanding What Expenses You Need to Track
  • Learning How to Track and to Store Your Expenses
  • Establishing a Bookkeeping System
  • Teaming Up with a CPA
  • Determining How You’ll Get Paid
  • Setting Up a Payroll System
  • Determining Your Tax Obligations
  • Understanding What goes in the Balance Sheet, P&L and Cash Flow