Good Afternoon!
To help local small businesses, there are two complimentary workshops in February to help owners and managers better understand and create financial documents. These workshops are provided by PeopleFund, the Greater San Marcos Partnership, Frost Bank, and the City of San Marcos at no cost to participants.
You can follow this link to register for an in-person or virtual seat (https://https.greatersanmarcostx.com/small-business-financial-health-workshop-registration).
Session 1: Tuesday, February 8, 2022, 10am-12 noon at San Marcos Public Library, Multi-Purpose Room
Session 2: Tuesday, February 22, 2022, 2-4pm at San Marcos Public Library, Room A
Session 1 will cover:
The difference between a profit & loss statement and balance sheet for a small business
How to create a cash flow projection
Key financial terms such as equity, liquidity, cash flow, capacity, etc.
Session 2 will cover:
Organizing a profit & loss statement for your own business
Developing a cash flow projection for your business
Strategies for improving recordkeeping and increasing efficiencies
Please let me know if you have any questions or if there is any other programming that would be useful for you and your business!