Simple Steps for Starting Your Business, Part 4: Financial Matters
Date and Time
Thursday May 2, 2024
5:30 PM - 7:30 PM EDT
Thursday, May 2, 2024
5:30pm - 7:30pm ET
Location
Bethel Public Library 189 Greenwood Avenue Bethel, CT 06801
Fees/Admission
There is no charge for this event.
Contact Information
Betsy Post, SCORE Western CT
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Description
All business is risk vs. reward, and the financial planning process will help you assess both. Having a financial plan will not only help guide business development decisions and monitor results, but it will also help you match your business concept with personal income goals. In addition, the financial plan can be used as a budget and can be compared to actual results in the future.
In this session you will learn the importance of financial planning. You will learn how to build your financial model, and how to understand financial statements, including an income statement, cash flow statement and balance sheet.
