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VERSION:2.0
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X-WR-CALNAME:Trusted Community Development Association, Inc. Events
BEGIN:VEVENT
UID:d289371bb4f727c63803f2de68ad97fd@www.tcdne.org
DTSTAMP:20250502T184305Z
DTSTART:20250529T200000Z
DURATION:PT8H
SUMMARY:Financial Basics for New Small Businesses
DESCRIPTION:This workshop is designed to give you\, the business owner\, the financial skills and know-how needed to perform key tasks like to determine how to accurately compute the amount of funding you’ll need to start your business.&nbsp\;You will also learn how to project your future financial results realistically including:·&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\; Projecting sales for a new business·&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\; Understanding your cost of goods sold and gross margin·&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\; Being able to project your operating expenses·&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\; Calculating your net income.·&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\; Planning your cash flow successfully.&nbsp\;This workshop includes a special section on creating financial statements for service businesses.Proper management of finances is crucial to any business’s success and a special set of skills is needed to understand and create these critical financial statements.&nbsp\;This workshop is suitable for everyone whether you are starting a new business or need to update your skills.&nbsp\;
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