MANISTEE, MI – Business owners can learn how to improve their fiscal fitness at a financial tools workshop Wednesday, June 14 in Manistee. "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. in Classroom 2 of the West Shore Medical Education Center, 1465 East Parkdale (US-31), Manisteee.
The workshop will be facilitated by Michigan Small Business Development (SBDC) Growth Specialist, Carolyn Rourke. Topics will include identifying opportunities and challenges with your balance sheet and income statement; applying break even analysis to improve decision making; and understanding and planning the working capital to support your growth. Rourke will also discuss proven ways to increase your company’s cash flow, and how to strengthen the partnership with your lender.
The Know Your Numbers workshop is being offered by the Northwest Michigan Small Business Development Center (SBDC), in partnership with Baker College, North Central Michigan College, Venture North, and Fifth Third Bank. The workshop will cost $25 per participant and will include a workbook and refreshments. Pre-registration is required at: sbdcmichigan.org/training. Fifth Third customers and veterans can contact the SBDC at firstname.lastname@example.org or 231-922-3780 to register for the workshop at no cost.
About Michigan SBDC
The Michigan Small Business Development Center (MI-SBDC) provides expert business assistance to help Michigan businesses raise capital, develop business plans and export strategies, and commercialize technologies. 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 Venture North. For more information, go to: sbdcnorthwest.org. The Michigan SBDC State Headquarters is located at Grand Valley State University, Seidman College of Business in Grand Rapids. Michigan small business owners may access the Michigan SBDC services by contacting 616-331-7480 or SDBCMichigan.org.