To assist in providing cash flow understanding to entrepreneurs and small business owners Chippewa County EDC hosted a business breakfast on the topic of ‘Understanding Your Business’ Financial Statements’ on August 31, 2016.
The workshop presenter was Craig Olsen, CPA, CCIFP from CliftonLarsonAllen LLP. Craig’s learning objectives for the event included understanding the basic financial statement, how to use the financial statement to manage your business, understanding common financial statement errors in new business, understanding how financing decisions impact a business’ cash flow, and the importance of organization structure and key documents when it comes to a business’ financial statements.
“Financial statements are meaningful reports that allow you to understand your business’ strengths and weaknesses, “stated Charlie Walker, President/CEO of Chippewa County EDC. “Understanding your financial statements allows you to improve your profitability and make effective business decisions.”
The event was held at Horizons Banquet Center in Tilden and over a dozen small business owners and entrepreneurs attended