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Understanding financial statements

Organiser: Business Connect
25 October 2022, Tuesday
10:00 am - 12:00 pm

Online Session:
Understanding your business’s financial position is one of the most vital skills for business owners. With this knowledge, business owners can better understand if they are making money, and what their business trends. This will enable you to make strategic decisions about the direction of the business.

We Will Cover:
– The profit and loss statement
– Balance sheet
– Cashflow forecast
– How to measure business performance using each of these results
– A live example of how to run these reports in Xero

Who is this for?
– This webinar is aimed at small businesses throughout NSW, and has a capacity to host up to 500 people.
– This event is for business owners who have just started a business or have an established business.
– This webinar will take place on Zoom, click below to register. You will receive the Zoom link in an email prior to the workshop. This will be a live online event.
– Those who attend will receive a copy of available resources and the recording.
– Attending and logging into the live zoom will come out of your allocated business connect hours.
This session is provided through the Business Connect program. Business Connect is a dedicated and personalised NSW Government program that provides trusted advice to help you start, run, adapt or grow your small business.

To attend the workshop we require you to be registered in Business Connect. A team member from Realise Business will be in touch with instructions if you are not registered.

Realise Business provides confidential, independent business advice and skills training for small businesses across Northern, Eastern, Southern and Central Sydney, as part of the NSW Government’s Business Connect program.

Your Presenter: Grace Mugabe
Grace Mugabe CPA is an experienced management accountant and Founder of Financially Empowered. She is an award-winning international key-note speaker, financial literacy coach, facilitator, and educator. With a keen interest in narrowing the financial wealth and information divide impacting women and minorities, Grace has facilitated over 140 workshops representing more than 2000 participants to government agencies, schools, corporates & Not for Profit organisations in just the last 2 years. Known for her ability to connect, engage and provide great value, Grace has been featured on platforms including Channel 9, The West Australian and Channel 7 as a Financial Literacy and Budgeting expert. She is looking forward to sharing her experiences with local changemakers.