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