Accounting Essentials for Small Businesses September Series by BOC and Queens Chamber of Commerce

Join us for an informative and interactive series designed to equip entrepreneurs and small business owners with vital financial knowledge and skills necessary for achieving long-term success. Topics include Financial Planning, Budgeting, Statements and Analysis, Cash Flow Management, Funding Options, ROI, Cost Analysis, Pricing Strategies, Risk Management, Insurance, Performance Measurement, Tax Planning, Compliance, Exit Strategies, and Business Valuation.

Presenters Kunal Verma

Vice President, Social Responsibility Data, Inc.

Gabriela Moreno

Director Queens Business Outreach Center Network Overview

September 11 12PM - 2 PM - Financial Planning and Budgeting - Click here for ZOOM Link ​

• Importance of financial planning for small businesses
• Creating a comprehensive business budget
• Forecasting revenues and expenses
• Estimating startup costs and capital requirements
• Developing a financial roadmap for success

September 18 12PM - 2 PM - Financial Statements & Analysis - Click here for ZOOM Link ​

• Understanding financial statements (balance sheet, income statement, cash flow statement)
• Interpreting key financial ratios and metrics
• Analyzing profitability and financial stability
• Identifying areas for improvement through financial analysis
• Using financial statements to make informed business decisions

September 27 12PM - 2 PM - Cash Flow Management & Forecasting - Click here for ZOOM link​

• Importance of cash flow management for small businesses
• Creating cash flow projections and forecasts
• Implementing strategies to improve cash flow
• Managing accounts receivable and payable effectively
• Optimizing working capital for liquidity and growth