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Understanding Your Business Financials

Oct
10
2019
Thu 11:00 AM to 12:00 PM
Topic: Financial Analysis

Learn the power of financial statements for operational success and to best position you with a lender. About this Event Understand Your Business Financials Creating a solid financial plan is really a study of what it takes to be successful. If the resources are out of your reach, if you don't have the experience or if the market is too unstable at the moment, the financial plan will make that clear. By creating a financial plan you may find that the price you plan on charging for your products or services is materially higher than what your competitors are charging or perhaps the price is fine, but your manufacturing costs are too high and it will be difficult to earn a profit. Either way having a financial plan will guide you in the right steps to take to achieve growth in your business. In this session we will discuss the power of financial statements not only for operational success but also how to use these statements to best position you with a lender. Speaker: Ellen Harvey, Capital Access Manager, Ohio Small Business Development Center Ellen is a Certified Business Advisor for the Ohio Small Business Development Center at Columbus State Community College (SBDC). Ellen also serves as the Capital Access Manager for Kiva Columbus through the SBDC Kiva Partnership. Ellen is an economic development and lending relations professional with 18 years of experience researching, planning, implementing and evaluating small business and economic development programs for City, State and Federal agencies. Directly, Ellen has assisted thousands of entrepreneurs with access to capital, resources, training, and counseling. Having owned her own mortgage brokerage for 8 years, she truly understands the day-to-day challenges business owners face. In addition, Harvey’s experience as the Director of the Women’s Business Center for the Economic Community Development Institute and as a Business Consultant for the Minority Business Assistance Center has given her a unique perspective into the special issues that confront minorities, women, and economically and socially disadvantaged business owners.

Speaker(s): Ellen Harvey


Fee: No Cost

Phone: 614-287-5294

Location

Dublin DEC
Dublin DEC 565 Metro Place South Dublin, OH 43017
Small Business Development Centers of Ohio U.S. Small Business Administration America's Small Business Development Center Network Ohio Development Services Agency
Funded in part through a cooperative agreement with the U.S. Small Business Administration. The Ohio SBDC program is also funded in part by the Ohio Development Services Agency. All opinions, conclusions or recommendations expressed are those of the author(s) and do not necessarily reflect the views of the SBA. Reasonable accommodations for persons with disabilities will be made if requested at least two weeks in advance. For arrangements, call the Ohio SBDC at 614-466-2711 or (800) 848-1300.
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