Before Bankruptcy: Understanding Your Financial Numbers and Business Options - Webinar via Zoom

Event description

Join the UTSA SBDC and Plemons CPA, PLLC for this session. Many business owners wait too long to address financial challenges because they do not fully understand what their financial statements are telling them. This session helps entrepreneurs identify financial warning signs early, analyze cash flow issues, and how to use accounting data to make informed decisions before a financial crisis occurs. Participants will learn how accurate bookkeeping and financial reporting can help evaluate business viability, explore recovery options, and determine when more significant action may be necessary.

Learning Objectives:

1. Recognize financial warning signs that indicate a business may be in distress.
2. Understand how to use financial statements to assess business health and sustainability.
3. Identify common cash flow problems and strategies to improve liquidity.
4. Learn how accurate bookkeeping and accounting records support better decision-making.
5. Evaluate practical options for reducing financial risk and improving business performance.
6. Determine when to seek guidance from financial professionals and other advisors.