Business Financial Fitness Series (Session 1 of 3)

Date and time

-

Location

Online

Organizer

Shawn Lynam
slynam@swccd.edu
619-482-6391

Host organization

South San Diego Small Business Development Center

Type of event

Resource Partner event

Event description

Business Financial Fitness is a 3-week financial management program that helps existing business owners elevate their ability to improve business performance. Business owners learn how to set up and manage their business finances, understand and analyze what their financials are saying about the business and be prepared for any future decisions that have a financial impact on the business. 

  • Commitment: 3 two -hour virtual class sessions with additional 1 on 1 advisory support 
     
  • Time: 3:00 pm – 5:00 pm
  • Program Format: live virtual program
  • What to Anticipate: This is a fully interactive live training program on Zoom. You will be required to have your camera on to participate in this professional training. You will be actively working on understanding and organizing the financial aspects of your own business and can expect to come out of this program with a good financial structure and organization. This course will have numerous exercises and breakout rooms that will require your full attention as well as have homework to complete after each session. This is not a "sit and listen" type of course, you will finish the program having made real progress on your own business goals.
  • Curriculum Includes:
    • Reviewing your financial infrastructure
    • Understanding & Cash Flow Statements, Balance Sheets, and Profit & Loss Statements
    • Accounting professionals: benefits and selecting 
    • Bookkeeping Basics: invoicing, accounts receivables, deposits
    • Selecting Your Professionals: how and why to select & prepare to meet accountants, bookkeepers, & tax professionals
    • Developing a financial management plan, including projections and review of your profit model 
    • Calculating Breakeven Analysis and Key Business Metrics
  • Course Session Overview:
    • Session #1 - Financial basics and review
    • Session #2 - Building your financial plan
    • Session #3 - Financial management & capital planning 

Additional details on registration site.

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