SCORE: Financial Statements: The Backbone for Business

September 24, 2016 – 9:00 am – 12:00 pm

Workshop Title: Financial Statements: The Backbone for Business

Workshop Presenter: Phil Husby

Presenter’s Current Affiliation and Brief Bio:

Phil Husby has over 40 years of professional experience providing financing, accounting and tax services to technology companies.  He has held Chief Financial Officer positions at many public and private companies, and has extensive international business experience.  Mr. Husby is a Certified Public Accountant, with a BA in Accounting and MBA in finance and international business.

Workshop overview:

Learn how to assess financial risks and rewards, true start-up costs, ongoing operating expenses. Set benchmarks for tracking progress and the organization of all your financial information, including the Profit & Loss Statement, the Balance Sheet, and the Cash Flow statement.

The workshop will explain, in non-technical language, how to create and maintain these financial documents. It will show what the most important elements are and how to use them to keep track of your business performance. You will learn how a funding institution may look at these documents to make investing or loan decisions.

At the end of this workshop, participants should be able to:

1. Create and maintain key financial statements for your business

2. Understand what is needed to track your business performance

3. Understand what financial institutions will be looking for when making investing or loan decisions.

For more information and to register, go to:  https://northcoast.score.org/localworkshops