Managing Small Business Finances

Description

Hosted by SCORE. Presented by Grand Strand SCORE.
Small business owners need to know the concepts of financial management included in the simple, everyday bookkeeping tasks.

At the end of this Workshop, you will be able to:

• Identify basic accounting practices.
• Position your business for future financing.
• Recognize the need for debt collection.
• Identify financing sources available.

Understanding more sophisticated concepts like credit and collections policies, managing your cash flow, major purchases and projects, and financial position analysis will further help you manage the financial side of your business.