UEE Partner Workshop (May 3, 2022)

    How’s Business…Really? – The Story Behind the Numbers

     

    The “How’s Business…Really” series continued with The Story Behind the Numbers: Translating Numbers into Financial Goals, presented by Jerry Smith of Piedmont SCORE. This is part the 2002 virtual Upstate Entrepreneur Ecosystem Partner Workshop Series.

    Jerry discussed what financial goals are, why business owners set goals, the importance of development a written plan, and covered setting up a start-up budget, sales forecasts, break-even analysis, profit and loss statement, balance sheet, and the importance of making a plan so that your goals drive your numbers.

    Click here to watch a recording of the workshop and here to view the presentation.

    Cash Flow Worksheet

    Break Even Analysis

    Financials & Common Ratio Worksheets

    The SC Small Business Development Center, the Women’s Business Center of CommunityWorks, and Piedmont SCORE are offering this series to provide tools and tips for you to assess the financial health of your small business. See previous workshops from the series below:

    Workshop #1 – Show Me the Paper Trail! Identifying Important Financial Data with Ana Parra of Community Works Women’s Business Center – recapvideo and presentation.

    Workshop #2 – Numbers Don’t Lie – Organizing the Numbers with Earl Gregorich of SC Small Business Development Center – recapvideo, and presentation.