Jul 17: How To Improve the Financial Performance of Your Small Business

Event description

Money is the universal language of business. Regardless of what type of business you’re in, success (or failure) is a function of how well you manage your money. Whether you’re thinking about applying for a loan to grow your business, contemplating an eventual exit strategy, or if your business is simply in need of a financial tune-up, then this free workshop is for you!

In this workshop, we’ll share examples of various ways you can improve the profitability and financial stability of your small business.

We’ll highlight examples of potential optimization best practices, examining the three most common financial statements:

• P&L (Profit & Loss)

• Balance sheet

• Cash flow and

• Financial Management Best Practices for Established Businesses

Prior to Workshop:

Almost every business decision that an entrepreneur makes has a potential financial implication associated with it, which is why it is essential that business owners be financially savvy.

Presenter: Joe McCaffrey

Joe McCaffrey is a Business Advisor with Community Investment Corporation, which is a not-for-profit, economic development lender, licensed by the Small Business Administration to administer their lending programs. Joe is also a certified business mentor and subject matter expert in commercial real estate, small business funding, strategic planning, and financial management with Fairfield County SCORE.