Do you struggle with finance in your business? It can be one of those daunting aspects of growing and running a small business. Did you know that micro-businesses can get started for $3,000 or less, whereas a whopping 30% of businesses fail because the owner runs out of money? Itâ€™s critical to understand your business’s finances as the keys to the future success of your business.
Now is the time to take control and make sure youâ€™ve established the fundamentals that all organizations can benefit from. Starting with reviewing your financial statements to updating your budget and cash plan, aiming to ensure your businessâ€™s money is flowing in the right direction. We all want to make sure weâ€™re not wasting money or valuable time.
But, how do you know if you have control over your businessâ€™s finance? West Business Development Center (West BDC) is teaching all the newest strategies you need to know to help make your business a financial success. Taught by Rachel Clark, who has worked as an EMyth Business Coach for 14 years, she specializes in helping entrepreneurs take control of their businesses.
Join us at our New Foundations of Finance: Workshop & Webinar Series , to gain more confidence and knowledge so you can as we learn and review the key principles that make up these four financial reports.
Start learning today with five tips about Finance from Rachel Clark with the video below.
What you will learn in the Foundations of Finance Series:
How financial statements are built
What financial statements mean
Why you should be using financial reports to support your business success
Tuesday, September 17th – Fort Bragg
9:00 – 11:00 AM
West Business Development Center
345 N. Franklin St
Included with the Foundations of Finance is our NEW Webinar Series:
In addition to this workshop, you will receive access to 2 webinars that will dive deeper into the topics covered in the live workshop.
Webinar 1- September 24, 2019, 12:00-1:30PM
Build and Manage an Income Statement and Balance Sheet: Delve deeper on your income statement and balance sheet. Learn key systems that will ensure you integrate the key information being derived from these reports into daily, weekly and monthly management decisions.
Webinar 2- October 1, 2019, 12:00-1:30PM
Build and Manage a Cash Flow and Budget Forecast: Learn how to build a cash flow and budget system. Learn key systems that will ensure maintain proper cash flow and budget maintenance.
Five Tips about Finance from Rachel Clark at West BDC
Learn more about Rachel Clarkâ€™s Five Tips here.
Free Business Advising at West Business Development Center
If you are a business of one or a company of 100 employees, at any stage from startup to established, WestBDC offers free business advising — on whatever topic you might be stuck on. If itâ€™s finding the right loan to expand, staffing your business with the right people or even just wading through new minimum wage requirements, we have experts ready to help you right now.
See how these successful businesses set up, grew and expanded with West Business Development Center Free Advising services:
Are you a woman-owned business?
Please join us for our monthly networking events where you can meet other women entrepreneurs and share best practices, knowledge and make friends.