Workshops at Northern Neck Small Business Incubator

Location: Northern Neck Small Business Incubator – Heathsville

Time: 6:00 – 8:00pm

Fee: $20 per workshop

 

January 13th – Creating Your Financials

In this workshop we will discuss developing projections to create financial statements that will become part of the business plan.

 

January 20th – Creating a Financial Plan for Your Business

This topic introduces students to the initial steps necessary for writing the financial section of a Business Plan.  Students are introduced to the importance of financial planning by understanding the difference between liquidity and profitability. They are then exposed to different financial documents that they can use to assess both the liquidity and the profitability of their business. Among these, students have the opportunity to look at the Income statement in more depth.

 

January 27th – Financial Forecasting

The objective of this workshop is to learn how to forecast financial results in a small business. Learn to efficiently and accurately produce a view of future financial results.  A six step process will be discussed along with a review of the forms, formats and tools needed.  Case studies will be included.

 


For additional information or to register for any of the workshops contact: Bonnie Haywood (804)333-0286 or bhaywood@umw.edu.