When: October 20, 2023

Time: 10:00 am - 11:30 am EST

Where: Online Webinar

The NJSBDC at NJCU School of Business in partnership with the UCEDC would like to invite you to our next First Friday, "Understanding Financial Statements".

Understanding the financial performance of your small business is fundamental to knowing if the business is meeting your financial goals or if changes are needed in the way you do business. We’ll use realistic sample financial statements to illustrate the concepts we are discussing. Participants are also encouraged to bring their existing financial information to discuss or evaluate in class.

During the workshop, we’ll focus on the following:

Accounting systems – we’ll help you identify the benefits of timely and accurate financial information and how a system can be put in place. Basic financial statements – we’ll identify the basic financial statements that are common to all businesses and what they mean. Interpreting financial information – we’ll guide you through the process, including setting benchmarks for business performance. Making key business decision – you’ll learn how to use financial information to make key business decisions such as when to hire additional employees, when to adjust pricing, or how to reduce excess costs.

Register HERE!!

PLEASE NOTE: Once you have registered, you will be sent access details to join the webinar in a separate email.

For more information, contact Dr. Jairo Borja at jborja@ucedc.com or 908-527-1166 OR Jazmine Brinkley, Associate Operations Manager for NJSBDC at NJCU School of Business at jbrinkley@njcu.edu.