Accounting Essentials for Startups & New Entrepreneurs

Designed for aspiring entrepreneurs and new business owners, during this training session, industry experts will guide you through the essentials of bookkeeping, accounting, taxes, and financial management, providing knowledge and tools to help you accurately assess the health of your business.

• Bookkeeping Fundamentals: Learn why they're crucial for your business and how to keep accurate and organized financial records.
• Tax Returns, Audits, & Financial Performance: Key aspects of accounting and ways to evaluate your business's financial performance.
• Cash vs. Accrual-Basis Accounting: Differences between each method and learn which is best for your business.
• Software in the Marketplace: Accounting and bookkeeping software options and connecting to tools that can streamline your financial processes.
• Financial Statements: Balance Sheet, Income Statement, Profit and Loss: How to read them, and what they reveal about your business's economic health.
• What Should I Keep? Practical advice for bills, receipts, invoices, bank statements, employee tax forms (W2s and 1099s), and previous tax returns.

• Expert Guidance: Learn from experienced accountants, bookkeepers, and financial advisors who specialize in helping startups.
• Q&A Session: Ask questions to address your specific financial questions and concerns.
• Networking Opportunities: Connect with fellow entrepreneurs, share experiences, and build a support network.
• Practical Insights: Gain actionable insights and valuable tips that you can immediately apply to your business.

• New business owners
• Startup founders
• Entrepreneurs
• Small business managers
• Anyone interested in improving their financial management skills

Take advantage of this opportunity to equip yourself with the financial knowledge and tools necessary for your business's success. Register now and take the first step toward mastering your startup's finances!

Host or Publisher The University of Toledo Business Incubator