Tuesday, October 23, 2012 - 9:30 AM - 11:30 AM
Cost: No charge
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Inflation, fluctuating interest rates, and the current economic conditions have made it mandatory for the small business owner to closely manage their cash flow. Most small businesses use a cash basis rather than an accrual basis of accounting because it is easier and
takes less time to maintain. Generally this is what gets the business into ttrouble. In this seminar you will learn how to:
- Maintain adequate cash flow
- Project cash flow needs
- Calculate current ratios
- Total debt ratio
- Profit margins
- Quick ratios
- Asset management ratios
- Accounts receivable turnover
- Debt management ratio
This information will allow the small business owner to see and understand how his business stands financially and what a lender likes to see in regards to the business rations.
Sponsored by the Marshall Chamber of Commerce
Instructor: Mac Abney – Abney, Simmons & Co., CPA;
Virgil Conner – Kilgore College SBDC, Business Advisor
Marshall Chamber of Commerce
213 West Austin
Marshall, TX 75671
Kilgore College SBDC, Longview, TX 75604
Telephone: (903) 757-5857
Toll-free Number: (800) 338-SBDC (7232)
Fax: (903) 753-7920
Check our Web Site for additional training information.
Costs, dates and locations are subject to change. Please verify information upon registering for an event.
Reasonable accommodations for persons with disabilities and limited English proficiency (LEP) will be made if requested at least two weeks in advance.