Know Your Numbers and Increase Your Bottom Line!!

April 25 8:30am-4:30pm & April 26 One-On-One Appointment | At CCHE
Instructors & Partners: Curt Walczak, Associate Regional Director Northland SBDC, and Pat Campanaro, SBDC

Join us in an interactive two-day presentation analyzing how your business can increase your bottom line by paying regular attention to a handful of key performance indicators.


April 25 we will work as a team to understand and apply these concepts. Participants will have the option to set an appointment to meet one-on-one the next day (April 26) to discuss their individual business finances with Curt & Pat.

We will discuss:

Income statement and balance sheet
Types of accounts and where they belong
The relationship between the income statement and Balance sheet
What information each statement reports
Break Even
How to calculate the zero point
How to use break even in different projects i.e. hiring an employee or  buying equipment
Margin and Markup
Define the difference between the two ways of determining a sale price
Why margin produces more profit
Ratios and Benchmarking
What is a ratio?
What do ratios measure?
How to use benchmarking standards
Finding Cash in Your Business
The role of cash in your business
How accounts receivable affect cash
Banking Relationships
LOC rules of thumb
What is the LOC used for
Equity is needed for a loan
SBA Loan types:  504;  7a; Express;  PLP Lender
Bank Checklist
Cash Flow Projections
This event includes lunch, if you have any dietary concerns please contact gethelp@mycche.org.

Curt Walczak, Associate Regional Director Northland SBDC, and Pat Campanaro, SBDC consultant will present this two-day-long workshop.


https://cche.app.neoncrm.com/np/clients/cche/event.jsp?event=538


300 W 3rd Street, Po Box 57