NEW DATE: Cash is King: Understanding Business Cash Flow – Sponsored by SPE Federal Credit Union
ATTENTION: Date has moved to March 24 from February 24.
Business Financial Management Essentials
Timely, consistent, and accurate record keeping is essential to monitor business performance, prepare tax returns, and make well-informed decisions regarding a business.
The Penn State Small Business Development Center (SBDC) is offering Business Financial Management Essentials. This series will provide business owners and managers with the skills and knowledge needed to set up an accounting system, track income and expenses, maintain financial records, understand and analyze cash flow and utilize QuickBooks™ accounting software for their businesses.
Many businesses have ‘gone broke while making a profit.’ Why does this happen? Because profit doesn’t necessarily mean cash. In this workshop you will learn the difference between cash flow and profit, as well as how to:
- assess and manage your cash flow
- project your business’s short-term and long-term cash flow needs
- analyze a cash flow statement
- understand an accountant-prepared cash flow statement
Cost: $69 per person, per class or $110 per person for both Tax and Bookkeeping and Cash Flow.
MapQuest Directions: http://mapq.st/13ACCcE
Space is limited and prior registration and prepayment are requested.
Parking: For seminars held in the Technology Center in Innovation Park, free parking is available in the rear of building. Please park on the south east side of the lot; do not park on the Penn State parking side.
About the speakers: Michael Ryan, SBDC Business Consultant
Michael has been a business consultant since June 2000. Michael specializes in researching accounting and tax issues and preparing detailed financial reports for SBDC clients. He has worked with clients in many different industries, including construction, landscaping, retail, food service, and real estate investment. Prior to joining the SBDC, Michael worked for a manufacturing company and in the banking industry. He is a Penn State graduate with a bachelor’s degree in accounting.
Registration is closed for this event. For any questions or changes, contact us at 814-863-4293 or firstname.lastname@example.org.