Bookkeeping Basics for Entrepreneurs

Bookkeeping Basics: The process of recording and organizing financial transactions

In this 1-hour virtual workshop, we will explore four key components of financial management: income, expenses, assets, and liabilities. Participants will learn how to manage costs, minimize financial risks, and ensure compliance with financial regulations. This session is designed to provide practical insights and strategies for entrepreneurs looking to enhance their financial understanding.

What You'll Learn:

Learn essential bookkeeping techniques to keep your finances organized and your business running smoothly

Learn how to maintain accurate records and ensure compliance with financial regulations.

Gain confidence with step-by-step guidance from certified financial advisors.

Section 2: The Role of Bookkeeping for Entrepreneurs

Financial Visibility & Decision Making

Helps entrepreneurs understand the financial health of their business. Makes it easier to identify trends, profit margins, and cost-saving opportunities.

Accurate records are essential for timely and accurate tax filing. Reduces the risk of costly mistakes or penalties from tax authorities. Loan Readiness Investors and lenders require clear financial records to assess risk and potential returns.

Bookkeeping provides transparency that helps build trust with investors, lenders, and stakeholders.