Six-part Financial Series for Small Business Owners
Small business owners may be well versed in the technical and procedural aspects of their businesses; however, they often lack sufficient knowledge of the financial aspects of their businesses. As a result, many small businesses fail. These failures are not because the small business owner is not a talented practitioner of his or her trade or profession but because he or she is ill-equipped to handle the day-to-day financial aspects of the business.
The purpose of this six-part series is to provide small business owners or entrepreneurs considering establishing a small business with a basic understanding of the financial aspects of running a small business. (See other segment details for series modules at the bottom of the page)
This meeting will provide an overview of how to manage cash flow. Cash flow management in business refers to the process of actively planning, tracking, and controlling the movement of money (cash) coming into and going out of a company, ensuring sufficient funds are available to cover expenses while also managing any excess cash effectively to maximize its value.
After you complete the cash flow management web meeting, you will understand:
The purpose of cash flow management in a start-up small business.
Assess a cash flow cycle and make some cash flow projections.
Describe how a cash flow statement can help assess and improve the financial health of a start-up.
Identify some ways to manage cash flow in terms of managing costs and potential income.
Identify ways to seek out expert technical assistance to improve cash flow management.
Date & Time
Web Conference Meeting: Thursday, February 6, 2025 | 1:30 PM- 3:00 PM EST
Registration & Fees
Registration fees are based on membership level. Members and non-members are welcome.
This meeting is Complimentary for Supplier members. For Business members, the fee is $15 and for Advocate members, Individual members, and non-members the fee is $35.
Presenter
David Hincapie
Lender Relations Specialist, Veteran Business Development Officer
Washington Metropolitan Area District Office
U.S. Small Business Administration
Series Details
January 29, 2025 | 1:30 PM- 3:00 PM EST | Financial Management
February 6, 2025 | | 1:30 PM- 3:00 PM EST | Managing Cash Flow
February 20, 2025 | 11:00 AM – 12:30 PM EST | Tax Planning and Reporting
March 12, 2025 | 1:30 PM – 3:00 PM EST | Insurance
March 25, 2025 | 11:00 AM – 12:30 PM | Banking Services
April 8, 2025 | 11:00 AM – 12:30 PM | Risk Management