The financial health of your business can be better diagnosed, if you have a good understanding of basic financial terms and the purpose of key financial statements. Learn basic financial concepts and gain insight into the interpretation of your Balance Sheet, Cash Flow Statement and Profit and Loss Statement. Knowing these concepts will improve your business planning and the conversations you have with your financial professionals.
Profit and Loss Statement
Cash Flow Statement
Break even point
Financial Statement analysis and comparisons.
important financial terms: assets, liabilities, payables, receivables, gross income, net income.
how to read Balance Sheets, Cash Flow Statements, Profit and Loss Statements
how to analyze Balance Sheets, Cash Flow Statements, Profit and Loss Statements
About The Course Instructor:
Bill has over 25 years of experience as a small business owner in Silicon Valley. BIll’s business was focused on small business taxes, bookkeeping, and business planning. Tax preparation, planning, and taxpayer representation, personal financial planning and financial planning seminars were also offered. Clients included: trade contractors, retail, consultants, automotive, restaurant, landlords, real estate entrepreneurs, hair salons, machine shops and more. Bill can help new and existing small business owners in establishing and analyzing financial systems, including Quickbooks; creating business plans, developing and implementing business goals using his years of experience with previous business owner clients. Bill is an EA (enrolled agent) enrolled to represent taxpayers before the IRS .CFP® Certified Financial Planner He has a BA State University of New York Mathematics and Statistics and a MS Boston University Computer Science
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