How profitable is your business? Are you managing your business finances effectively?
Learn how to improve your bottom line and plan for greater success!
Information on the business’ financial position or “numbers” supports decision-making. These indicate a business’ current and past performance, and a business owner can use them to determine how move the business forward. This webinar is recommended for existing business owners.
The SBDC advisor-led discussion focuses on:
-Learning the essential financial statements: Balance Sheet, Income Statement, and Cash Flow Statement
-Understanding how the financial statements are critical to assessing business profitability, tracking flows of cash in and out of the business, and determining the value of a business
-Reviewing and Analyzing financial statements to determine strategies to support business growth
-Exploring business growth strategies for cost reduction and sales increases as well as tactics for determining sales opportunities, assessing pricing adjustments, monitoring inventory and purchasing, and more.
This webinar is hosted by the UTRGV SBDC with promotional support by the BBVA Foundation, Brownsville Chamber of Commerce, Gloria Fitch Endowment, RGV Hispanic Chamber of Commerce, and Weslaco Area Chamber of Commerce & Visitors Center.