Collecting receivables in a timely manner is critical for a business’s cash flow. That said, we know that many small and medium-sized businesses just do not have the people power to chase around customers that won’t or can’t pay. In this workshop, facilitator Ron Robichaud will teach the participants effective tips and tools to reduce their doubtful accounts.
The workshop will cover the following topics:
Financial analysis is the ability to use a company's financial information to make informed business decisions. Every company exists to make profits. Without profits, a business will not survive. That's why every business owner needs to be able to understand and analyze what their financial information tells them.
Part 1: Demystifying financial statements
Part 2: Maximize the profit potential of your business
* If they wish, participants are invited to bring their company's financial reports and data to analyze their own situation and apply the concepts learned during the day. The information will not be shared with the group and will be treated confidentially.
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