For businesses in Johnson, Lafayette, Pettis, and Saline Counties, MO only. This training is made possible by a grant through the Pioneer Trails Regional Planning Commission.
Take steps to build a better financial future, and make your business stronger and more resilient
Session 1: Financial Management
- Why it is important to a small business
- Practices, rules, and tools that are commonly available to a small business and how they work
- Financial management basics for a small business
- Basics of start-up financing and financing for a growing business
- Financing working capital and fixed assets basics
Session 2: Managing Cash Flow
- Cash flow management in a start-up small business
- Cash flow cycle and cash flow projections
- How a cash flow statement can help assess/improve start-up financial health
- Manage cash flow in terms of managing costs and potential income
- Seek out expert assistance to improve cash flow management
Session 3: Risk Management
- Common risks associated with a small business
- External and internal factors which affect risk for a small business
- Situations that may cause risk and common warning signs
- Implement, monitor, and evaluate a risk management plan