TRAVERSE CITY, MI – Business owners can learn how to improve their fiscal fitness at a financial tools workshop March 15 at Crystal Mountain Resort. "Know Your Numbers: Using Your Financial Statements to Better Manage Your Business," is designed for small business owners and key staff who want to have a better understanding of how to use their financial statements to manage their business. The workshop will be held from 9:00 a.m. to 12:00 p.m. at Crystal Mountain Resort in Thompsonville.
The Know Your Numbers workshop is being offered by the Northwest Michigan Small Business Development Center (SBDC) in partnership with Fifth Third Bank. The workshop will be facilitated by SBDC Growth Consultant, Carolyn Rourke, who is experienced at walking business owners through the ins and outs of the critical concepts related to financial statements.
The “numbers” are often the most confused and over-looked area when business owners are not sure how to relate them to day-to-day business operations. Rourke will help attendees identify opportunities and challenges as they relate to balance sheets and income statements, discuss proven ways to increase cash flow, apply breakeven analysis, and more.
Know Your Numbers will cost $25 per participant, which includes a light breakfast and a workbook. Pre-registration and payment is required at: sbdcmichigan.org/training. For more information contact the SBDC office at: firstname.lastname@example.org or 231-922-3780. Fifth Third customers and veterans should contact the SBDC for tuition waiver information.
The Michigan Small Business Development Center (MI-SBDC) enhances Michigan's economic well-being by providing counseling, training, research, and advocacy for new ventures, existing small businesses, and innovative technology companies. The Northwest Michigan Regional office is hosted by Networks Northwest and serves the ten county region including: Antrim, Benzie, Charlevoix, Emmet, Grand Traverse, Kalkaska, Leelanau, Manistee, Missaukee, and Wexford counties. The Northwest Michigan SBDC’s contributing partners are Baker College, North Central Michigan College, and Northwestern Michigan College. For more information, go to: sbdcnorthwest.org.