Financial Basics for New Small Businesses
November 16, 2021 @ 1:00 pm - 4:00 pm| $50
This workshop is designed to give you, the business owner, the financial skills and know-how needed to perform key tasks like to:
Determine how to accurately compute the amount of funding you’ll need to start your business.
Learn how to project your future financial results realistically including:
- Projecting sales for a new business
- Understanding your cost of goods sold and gross margin
- Being able to project your operating expenses
- Calculating your net income.
- Planning your cash flow successfully.
This workshop includes a special section on creating financial statements for service businesses.
Proper management of finances is crucial to any business’s success and a special set of skills is needed to understand and create these critical financial statements. This workshop is suitable for everyone whether you are starting a new business or need to update your skills.
This is an interactive workshop. We encourage participation by all attendees — so bring along your questions!
This workshop was formerly titled “Managing Finances for a New One-Person Business.”
Bring your laptop – all workshop materials will be available in electronic format.
Listen to what others who have attended this workshop have to say about the instructors and the program:
“Really helped me understand the projection of fixed and variable costs and how to make a cash flow statement.”
“The workshop examples easy to understand and the financial templates provided are immensely valuable.”
“Now I know what mistakes I’m am making in my business and how to fix them.”
“I appreciated that they had financial examples for service-based businesses.”
“This workshop far exceeded my expectations on what I thought I would learn.”
This workshop is presented by Suzanne Rouaix, founding member of SDR Franchise Brokerage, LLC, and is an independent and certified franchise broker specializing in highly individualized franchise search and support services for aspiring franchise owners. She is a SCORE Volunteer, a small business workshop presenter, and established consultant in all phases of small business operations.
Suzanne received her MBA in entrepreneurship from Simmons University in Boston, and her BBA in finance from Loyola Marymount University in Los Angeles.