Tue, Nov 05|
SBDC at Jamestown Community College
Understanding Your Financial Statements
Manage your business and cash flows.
Time & Location
Nov 05, 2019, 10:00 AM – 11:00 PM
SBDC at Jamestown Community College, 525 Falconer Street, Jamestown, NY, USA
About the Event
Understanding your financial statements will help you manage your business and cash flows. Cash flows are the lifeblood of your business. Income does not necessarily mean cash. The cash and accrual basis of accounting each have advantages and disadvantages. Budgeting is a key component of managing your business. Using a 13 week rolling cash flow is a practical way to manage your day to day cash flow so you can react in real time.