Willoughby Western Lake County Chamber of Commerce
The success of a business often depends on the success of its financials. Understanding the financial statements of your business is not only important to ensure accuracy and accountability, but it is also necessary when making crucial financial decisions affecting your business. Potential investors and creditors use the information to evaluate a company's financial performance. Knowing how to analyze your financial statements will help you get a clear picture about your liquidity, leverage and profitability, so you can develop the best strategy to reach your goals.
Thursday Aug 23, 2018
Thursday, August 23, 2018 from 11:30a.m. to 1:30p.m. Lakeland’s Holden University Center FREE
440-525-7706Business Financials 101: Understanding Your Small Business Financial Statements and Why it is so Important Lunch and Learn Seminar
At this seminar, learn how to read your financial statements to keep your focus on profit and growth. Topics include:
· Reading and Understanding your Income Statement and Balance Sheet
· Factors to change ROI: Return on Investment and ROA: Return on Assets
· Cost of Production Implications
· Developing a Budget: Look at your plans for growth or cutting unprofitable areas of your business. Plan your profit levels.
· Cash Flow Analysis
· Impacting Net Worth
Isn’t it time you leverage the power of knowledge? This is a brown bag lunch and learn so bring your lunch if you choose! Register at http://www.lakelandcc.edu/sbdcDate and Time
11:30 AM - 1:30 PM EDT
Location
4242 SR306
Kirtland, OhioFees/Admission
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