GEW – Cash Flow
November 18, 2015
6:00 pm – 7:00 pm
262 Willard Building
E Pollock Rd
University Park, PA 16801
Global Entrepreneurship Week is the world’s largest celebration of the innovators and job creators, who launch startups that bring ideas to life, drive economic growth and expand human welfare. GEW is an international entrepreneurship event that takes place every year during the third week of November. Global Entrepreneurship Week embraces Penn State’s year around celebration of entrepreneurship. Attend one Penn State’s GEW events and you become part of an international entrepreneurship celebration with 150 countries, 24,000 partners and 34,000 events.
Timely, consistent, and accurate record keeping is essential to monitor business performance, prepare tax returns, and make well-informed decisions regarding a business.
The Penn State Small Business Development Center (SBDC) is offering Business Financial Management Essentials. This series will provide business owners and managers with the skills and knowledge needed to set up an accounting system, track income and expenses, maintain financial records, understand and analyze cash flow and utilize QuickBooks™ accounting software for their businesses.
Many businesses have ‘gone broke while making a profit.’ Why does this happen? Because profit doesn’t necessarily mean cash. In this workshop you will learn the difference between cash flow and profit, as well as how to:
• assess and manage your cash flow
• project your business’s short-term and long-term cash flow needs
• analyze a cash flow statement
• understand an accountant-prepared cash flow statement
For more information on Global Entrepreneurship Week visit our website at http://www.gewpennstate.org/
For more information on the seminar contact the Penn State SBDC at firstname.lastname@example.org or (814) 863-4293. To register please visit http://sbdc.psu.edu/seminars/