MU Extension events calendar
Professional development events
This event has been canceled.
Understanding Financial Statements
Thursday, March 6, 2014, 1 p.m. to 4 p.m.
SBTDC Offices (located directly across the street from the U.S. Post Office main entrance)
500 E. Walnut, Suite 103, Columbia MO map...
What product or service has the best profit margin? Is operating overhead hindering growth? Are you efficiently turning over inventory? Effectively managing accounts receivable?
One of the greatest ways to empower yourself as an entrepreneur is to understand the financials of your business, giving you greater insight and information to act upon. During this course you will learn to identify key business information that is captured on the income statement, balance sheet and cash flow statement. Through case studies, you will learn to calculate several key ratios and understand what those ratios mean in terms of business productivity, profitability, and overall success. You will leave this session with a greater understanding of how to read and interpret financial documents and how to use that information to make informed executive business decisions based on sound financial understanding. This is information you can take back to your business and use right away. This isn’t theory – it’s practical application for real businesses – like yours!
*Class includes a brief individual review of financials before/after class or online.