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Financial Management Cohort February 2025

February 25 @ 11:00 am - 1:30 pm

|Recurring Event (See all)

One event on February 25, 2025 at 11:00 am

One event on March 4, 2025 at 11:00 am

3-Session Class to Improve Your Financial Management Skills
Learn to Plan for Monetary Success
Class Dates: February 18th, 25th and March 4th
If you are a business owner and/or senior manager who wants to understand your business financial situation as well as to get better at managing the money better this cohort is for you. In this 3-part, in-person series you will learn about managing cash flow, financial forecasting, budgeting, planning growth strategies, creating dashboards and other processes to successfully manage your financial success.

Don’t Wait to Sign Up, Limited Seats are Available
Register now to make sure you can take advantage of this valuable opportunity.

This class is specifically designed for Business owners or Senior Managers who have been in business for one or more years.

What You’ll Learn: Cohort Agenda
Week 1: Tuesday, Feb 18th, 2025
Part 1: Building and Managing an Accounting System that works for you.
Basic accounting explained – we will examine your chart of accounts, reports, and processes.
Accounting Software – how to select the system that’s right for you
Advanced bookkeeping – tracking inventory and direct costs
Part 2: Managing Cash Flow
Improving cash collections techniques
Expense payment management
Tax Planning

Week 2 – Tuesday, Feb 25th, 2025
Part 1: Building your Forecasts and Budgets
Building a simple to use cash basis annual forecast
Building a multi-year financial plan
Part 2: Building a Performance Dashboard
Understanding Key Performance Indicators (KPIs)
Building a reporting system for those KPIs

Week 3 – Tuesday, Mar 4th, 2025
Planning for the Future
Part 1: Growth Strategies
Investing in Growth – the planning process
Obtaining financing
Business valuation
Buying a business
Part 2: Protecting your Business and Exit Strategies
Risk mitigation strategies
Selling your business

Details

Date:
February 25
Time:
11:00 am - 1:30 pm
Event Category:
Website:
https://loudounsbdc.com/event/financial-management-cohort-february-2025/