Resource Partner Event
Apr 10

Cash Management Basics for Entrepreneurs

Business PlanningLender Financing/Financing a BusinessManaging a Business

Date:
April 10, 2019 | 9:00 am CDT - 12:00 pm CDT

Location Name:
East St. Louis Higher Education Campus

Address:
601 James R. Thompson Blvd, Building D-1007, East St. Louis, IL,62201

Jo Ann Di Maggio May

Organization:
Illinois SBDC for the Metro East at SIUE

Fee:
This is a free event.

This course is designed to teach for small business owners the importance of financial statements and how they can be used to make better business decisions. The connection between bookkeeping transactions and financial statements is made using QuickBooks software. Participants learn how third parties, including lenders, evaluate financial statements to make lending decisions. Specific topics include: • The importance of maintaining current and accurate financial records • Keeping financial records with QuickBooks • Accounting terminology • Balance sheet and Profit & Loss Statement • The importance of cash • Determing your company's cash needs • Cash flow statements and cash flow forecasting • Selecting an accountant & accounting system • Preparing for growth