Financial Prep 101: What is your Business Owner Financial Terms IQ?

2:40 Financial Prep 101: Business Terms Janis Dickey /Janis Dickey

In this session, Dr. Janis Dicky will explain the concept of financial management and why it is important to a small business.  Identify financial management practices and tools that are commonly available to a small business.  Describe how these financial tools work and explain financial management terms and basic practices for a small business.

A brief overview of the following:

  • Retirement Planning
  • Budgeting and Bookkeeping
  • Cash Flow projections
  • Business Costs and Margins
  • Profit & Loss statement
  • Overview of Business Retirement Options
  • Business Transfer
  • Buy/Sell Agreements
  • Taxes