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Financial management includes bookkeeping, projections, financial statements, and financing, which forms the foundation for reaching your goals through sound business decisions. Quality financial management offers many benefits to you as a business owner, including how to know if you are making a profit.
You need sound financial information to plan for overall business growth, for diversification, or for reaching new markets and helps you decide which products, services, and markets are profitable. Effective financial management gives you tools to chart your course into the future, adjust your direction when needed, and help you find your way through challenging times (which we all could use right now).
We are excited to have Kevin Kilelee and Patricia Porter, both from Citizens Bank, as our speakers for this lunch & learn session about financial management for your small business.
In this session, you will learn:
- Basics of budgeting & bookkeeping
- The 3 basic financial statements (Balance Sheet, Cash Flow Projection, and P&L)
- The basics of business financing & loans
Did we mention that it's free?! All you need to do is register!
SCORE Vermont is your local source for free and confidential small business mentors ... for the life of your business!