Small Business Education Series - Business Financial Management

The U.S. Small Business Administration and the Small Business Development Center Network present a new audio/video training series to help your business find success in today's challenging enviroment.
These no cost one-hour training sessions will provide guidance on various areas of business management and are designed for small businesses who want to improve business practices and be better positioned in today's economy.
All that is needed to participate is a computer with internet access and a phone to call a toll-free 800 number. Three weekly ReadyTalk* sessions will begin on Thursday, July 15, 2010 at 10:00 a.m. CST.
Some of the topics in this small business education series include:
-Differences between the P&L and Cash Flow (July 15th)
This session will examine the differences between a Cash Flow Statement and a P&L. Also discussed will be identifying trends in your revenues and expenses, which is essential to building budgets for your business.
-Build a Budget-Loan Programs (July 22nd)
Session two will focus on the process of building a budget-revenues, expenses and the impacts of changing sales. If you are building a budget in support of a loan request, the second half of this session will include a discussion of the various loan programs that are available to small business.
-Biz Financial Ratios (July 29th)
Part of the planning process is monitoring implementation and performance. What are those critical ratios to the success of your business? At a minimum, every business needs to get to a point in which they are breaking even. This session will look at various ratios and walk through how to calculate the break even point of your business.
*The ReadyTalk system is a call-in and website login system, which enables us to provide an audio presentation over the phone and a video presentation over the internet. Lines are extremely limited so call 605-330-4243 and press 0 to register NOW!
Registration closes one day prior to each session.