Planning for Profits - Bossier City
If you're starting a business, will you have enough money to make it through the first year? Is there enough cash in the bank of your existing business? This entry-level workshop for start-ups and existing businesses will give you a solid understanding of how money flows in and out of your business. Using an Excel spreadsheet tool, you will learn how to project and manage business cash flows, enabling you to better manage your business finances and/or prepare you for borrowing money in your business. How You Will Benefit: -Learn how to project cash flow using an Excel spreadsheet -Understand the difference between profit and cash flow -See all of the sources and uses of cash in a business with one document -Understand how cash flow and break-even translate into targeted sales per month Suggested Audience: -New and existing businesses who want to better project and manage cash flow and have a basic understanding of Excel.
Speaker(s): Dana Cawthon- Regional Director of the LSBDC NWCR
Co-Sponsor(s): First Guaranty Bank
Funded in part through a Cooperative Agreement with the U.S. Small Business Administration. Reasonable accommodations for persons with disabilities will be made if requested at least two weeks in advance. To pre-register, please visit our website at www.lsbdc.org or contact the main office at 318-357-5611.
Fee: No Cost