Business Finance 2: Planning for Profitability, Queens, 12/13/24

Note: This course is the second in a pair of SBS courses on Business Finances.

Every entrepreneur is in business to make profits, but only some do. A critical step to success is creating the financial plan that will guide your business to profitability.

The goal of this course is to provide you the information and tools to create your own profitability plan. Whether you are planning to start or grow, this course can help.

During this course, you will:

• Begin developing a startup/growth budget using business expense checklists

• Apply research-based methods to project your prices and number of sales

• Work with a projected income statement and graph to identify breakeven and profitability points

• Use the Return on Investment (ROI) calculation to compare financial projections against industry averages

Class Duration: 2 Hours

Please note: This is an online webinar. You will receive the details needed to join within 24 hours of the scheduled start time. To receive these details you MUST register beforehand.

Note we do not record our meetings and only those who attend will recieve the presentation.

Host or Publisher NYC Department of Small Business Services