What Small Business Owners Need to Know About Their Accounting to Help Drive Profitability

Thursday, December 7, 2017 - 8:30 a.m. to 10:30 p.m.

Event Pricing:
Effective Cost
Initial $99.00

Location Information:
Lancaster Chamber
115 East King Street
Lancaster, PA 17602
Directions Directions to this event.

Contact Information:
Paige Schober
Email Contactpschober@lancasterchamber.com
Chat With The Chamber
Phone: (717) 397-3531 x249
Fax: (717) 293-3159

Register online for this event before 12/6/2017 Register!

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"What Small Business Owners Need to Know About Their Accounting to Help Drive Profitability"
featuring Janette Press, MBA, Cirrus Accounting, LLC

Numbers don’t lie. But what do they do? They tell a story. Your business’ story. If you want to better understand how your financials can point the way to improved performance before a cash crunch and low profits put your company at risk, negatively impact growth, and/or increase the cost of borrowing this informative, stress-free session is for you. You will come away with a greater understanding of the importance of monitoring the key financial reports as well as a greater understanding of the story behind the financial reports and how you can utilize accounting technologies to make capturing the data and tracking the numbers easier.

This session will cover:

  • The 3 key financial reports, the accounting equation, the general ledger account types, and why they are important
  • What is a Cash Flow budget and why is it important?
  • Importance of timely reconciliations of your bank, credit card accounts and loans for accurate numbers
  • How to target pre-tax profit percentage and target cash reserves;
  • 7 levers to improve cash flow and financial performance
  • Target net profit percentage & cash on-hand that means success for a company
  • Benefits of using accounting technologies and partnering more closely with your accountant

Meet Our Presenter:
Janette N. Press, MBA, is an IMA Certified Management Accountant (CMA) and business consultant with +25 years of practical small business experience whose mission is to help small businesses navigate accounting technologies so they can support growth and increase wealth.

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