12. September 2019 - 11:00 till 13:30
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Business Finance 2: Planning for Profitability, Staten Island, 09/12/19 | NYC Business Solutions Staten Island Center | Thursday, 12. September 2019

Note: This course is the second in a pair of SBS courses on Business Finances. Please complete “Business Finances 1: Getting Started” before attending this course.
Every entrepreneur is in business to make profits, but only some do. A critical step to success is creating the financial plan that will guide your business to profitability.
The goal of this course is to provide you the information and tools to create your own profitability plan. Whether you are planning to start or grow, this course can help.
During this course, you will:

Begin developing a startup/growth budget using business expense checklists
Apply research-based methods to project your prices and number of sales
Work with a projected income statement and graph to identify breakeven and profitability points
Use the Return on Investment (ROI) calculation to compare financial projections against industry averages