Financial Fitness

Series Overview:

Session One — June 7

• Overview of financial management for small businesses.
• The seven financial terms every entrepreneur should know.

Session Two — June 14

• Pricing your products and services correctly. Are you correctly accounting for all your costs?
• The importance of cash flow. Diagnosing and curing cash flow issues.
• Preparing and understanding your key financial reports — what reports can tell you about your business.
• The process of developing financial projections — identifying and understanding your key assumptions.
• Understanding and using key financial ratios.

Session Three — June 21

• The fundamentals of managing your small business finances.
• Understanding your business model and optimizing it for financial success.
• Maintaining proper records to keep your business running smoothly.
• Implementing a financial tracking and accounting system.

Session Four — June 28

• Understanding the fundamentals of business credit.
• Understanding how lenders view your company from a financial perspective.
• Preparing your company for debt capital. What do you need to do? What information do you need to provide to a potential lender?