Understanding Cash Flow, Profits and Budgets

Event description

Do you struggle with analysing your numbers?

Understanding your business financials is important to help you make informed decisions, manage risk and ensure long-term success and sustainability of your business.

This workshop will provide you with an understanding of key accounting terms and help you read and analyse your finances, leading to improved decision making.

This topic covers

• Understanding the chart of accounts
• Differences between a balance sheet, profit and loss statement and a cashflow statement
• The impact of pricing on profitability
• The importance of managing your cash flow
• Budgeting for your business.

Who's it for

This workshop is for business owners in the City of Swan who struggle to understand and analyse their business financials.

About the presenter

Accumulate Accounts and Business Advisors are a multi-award-winning firm helping Western Australian businesses grow through strategic advice, accounting and taxation. Passionate about delivering practical services that offer real solutions to everyday business issues. Accumulate equips business owners with skills and knowledge in the areas of finance and business improvement.

More information.

This workshop is subsidised by the State Government through the Small Business Development Corporation.