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Financial Tools Workshop Helps Businesses Know Their Numbers

News Release
September 29, 2015

Media Contact:          
Dan Boss, Communications Specialist
231-929-5047  |



Financial Tools Workshop Helps Businesses Know Their Numbers


CADILLAC, MIBusiness owners can learn how to improve their fiscal fitness at a financial tools workshop October 22 in Cadillac. "Know Your Numbers: Five Keys to Using Financial Statements to Maximize Cash Flow and Increase Access to Capital," is designed for business owners and key staff who want to have a better understanding of how to use their financial statements. The workshop will be held from 9:30 a.m. to 12:30 p.m. at Baker College, 9600 East 13th Street.

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 taught by the SBDC’s 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: Five Keys to Using Financial Statements" will cost $25 per participant, which includes a light breakfast and a workbook. Pre-registration is required at: For more information contact the SBDC office at: or 231-922-3780. Fifth Third customers 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 and Northwestern Michigan College. For more information, go to:



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Susan Odom, Chair, Suttons Bay Township Planning Commission