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TSBDC: Intro to Accounting for Small Business Owners
August 31, 2021 @ 10:00 am - 12:00 pm
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Introduction to Accounting for Small Business Owners This is designed to teach the terminology used in accounting, understanding basic financial statements and how they are used. • Learn the basic terms used in accounting • Learn how to communicate with your accountant or bookkeeper • Learn about the basic financial statements and how they are used • Learn how lenders use these financial statements in considering a loan Introduction to Commercial Borrowing • How is business borrowing different than personal borrowing? • What do lenders look at when considering a loan? (The five “C”s of credit) • What’s the deal with Personal Guarantees?
Speaker(s): Dennis Corley, Community Relationship Manager Three Roots Capital Stephen W. Williams Director TSBDC
Fee: No Cost