03-NEW: SBDC/BFC Business Financial Management Series 6/24-25/20
BUSINESS FINANCIAL MANAGEMENT GROWTH SERIES IS A 2-DAY INTENSIVE TRAINING Effective financial management is necessary to grow a successful business. Understanding the fundamentals of your business financials and the role it plays in all areas of your company is necessary. The Business Financial Management Growth Series is a 2-day intensive training program. It is designed to support clients who need to grow and better manage the financial aspect their businesses. If you want to scale but need help with financial modeling, budgeting, forecasting, risk assessment, or accessing and managing capital, this series is for you. Free follow-up group working session will be offered to attendees. Open Networking Session will also be available after the training. Attendees will also receive free 1-on-1 counseling support after completion of training. Instructors for this training program will include industry volunteer experts dedicated to helping you. OBJECTIVES • Understand the fundamentals of a proper financial management. • Identify how good financial planning can create an anchor for continued business success. • Improve understanding of Cash Flow, Budgeting, Financial Forecasting and Risk Management requirements. • Identify key strategies to help Maximize Profit Potential. • Identify solutions for Capital Access and how to Prepare for Funding. • List of Resources to help aid better financial management processes. DAY ONE: Session 1: Intro to Business Financial Management The first session of the series will focus on the fundamentals of business financial management and will cover: • Debunking Financial Myths & Misconceptions • Budgeting & Money Management • Forecasting for Growth • Managing Cash Flow • Preparing for Growth Session 2: Preparing for Growth Session 2 will address how to properly prepare for growth in your business and will cover: • Diversifying Your Business • Past, Present & Future Financial Position • Leveraging Growth • Pricing for Growth • Financial Ratios & Formulas • Credit Management Solutions • Financial KPIs DAY TWO: Session 3: Understanding Risk In session 3, we’ll take a deep dive into the topic of financial risk and will cover: • Financial Risk Management • Financial Crisis Management • Financial Compliance • Preparing for Financial Audit • Accounting Solutions for Smart Money Management • Record Keeping for Small Business Session 4: Show Me The Money! In our final session of the series, we’ll breakdown how you successfully finance your business and will cover: • Fundamentals of Business Success • Preparing for Financing • Raising Capital • Core Factors for Success ****** IMPORTANT: Must Commit to Attending both sessions. Series Cost: $199 includes: workbook, spreadsheets, templates, other training materials, light lunch, and refreshments. Please arrive on time. Arriving 30+ minutes late may jeopardize your entry into the class or event. Please call or email as soon as possible if you are going to be late. CANCELLATION POLICY: *Please review carefully for our cancellation policy has changed as of December 12/12/19. -Participants whose checks are returned for insufficient funds will be charged a $35 fee. -Participants who have paid for a class and do not cancel at least 36 hours in advance, will forfeit their entire payment. -Participants wishing to receive a refund and have cancelled in a timely manner will be charged a 10% administrative fee. This event is held at our center in Springfield - unless noted otherwise.
Speaker(s): Ghufran Amed, SBDC Director, Karlene Robinson, BFC Asst. Dir.
To register & for more information visit www.cbponline.org
Fee: $ 199.00