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SUMMARY:Financial Basics for Small Business Owners
DESCRIPTION:Program Format: Online Meeting (Live) \nTraining Topics: Accounting/Budget\, Business Financing\, Managing a Business\, Tax Planning\nDescription: \n\nFinancial Basics for Small Business Owners \nFinancial Basics for Small Business Owners is a practical\, easy-to-understand workshop designed to help entrepreneurs gain confidence in managing their business finances. Participants will learn how to separate personal and business finances\, understand key financial statements\, track cash flow\, set realistic budgets\, and make informed financial decisions that support long-term growth. Whether you’re just starting out or looking to strengthen your financial foundation\, this session provides clear tools and strategies you can apply immediately to improve profitability and financial stability. \nWorkshop Overview Topics: \n\nSeparating personal and business finances\nUnderstanding key financial statements (income statement\, balance sheet\, cash flow)\nCash flow management and forecasting\nBudgeting for daily operations and growth\nBasic bookkeeping best practices\nUnderstanding business credit and financing basics\nCommon financial mistakes small business owners should avoid\n\nKey Learning Outcomes: \n\nGain confidence in managing day-to-day business finances\nUnderstand and interpret basic financial statements\nLearn how to track\, manage\, and improve cash flow\nCreate and maintain a realistic business budget\nImplement simple bookkeeping systems and best practices\nMake informed financial decisions to support business growth\nIdentify and avoid common financial pitfalls that impact profitability\n\n\nPoint of Contact: rachelwhite@unr.edu
URL:https://nvcapitalreadiness.org/event/financial-basics-for-small-business-owners/
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