11.27.24 Financial Foundations Group Coaching

Overview:

The number one key aspect to get, and keep, buttoned up is your business finances. Poor financial management and planning is the main reason for business failure. Whether or not you are currently operating a business, starting a business from scratch, or are looking to buy a business, understanding financials is imperative.

What to Expect:

Memorize your monthly expenses and determine the number of clients you must sell to in order to make enough money (revenue) to save money in the business bank account after paying yourself (profit).

We will go over:

1. Costs of Goods Sold
2. Revenue Streams
3. Expenses
4. Cashflow

We don't stop there. We also breifly discuss cashflow to ensure you save enough money from the good months to cover your costs during the bad months.

Please note:

This is a hybrid event. You can elect to attend virtually. A virtual link will be sent once you have completed your registration.

Host or Publisher WEOC WBC & New Haven Chamber of Commerce