Need a crash course in business accounting to understand the finances of your startup? Don’t leave this important area to someone else. Always know enough to keep your finger on the financial pulse of your business! This class will get you started with the basics every business owner should know!
We will answer many questions such as:
• How do I know what TAX ID# to use?
• What is the difference between Cash basis and Accrual basis? How does it impact taxes?
• What are the financial statements I need to get a loan?
• How can I see if my company is profitable?
• What is bookkeeping? How do I get started?
• Do I need an Accountant?
• We will review the terms you need to understand: Balance Sheet? P&L? A/R?
• Line of Credit vs. Loans-what is the difference?
• We will discuss bookkeeping software vs. manual systems.
• We will use real world examples to explain concepts
Your Instructor:
June Clougher, MBA
Berks LaunchBox Advisory Council Member
Night 2 – Bring your questions! It will be a Q&A only night with June Clougher, MBA and George Reinoehl, CPA.
June has a BS in Accounting from Albright College and an MBA from Saint Joseph’s University. She is presently retired and has been the Director of the Jump Start Incubator, Co-Founder of Edwards Landscape & Nursery, CFO of Bellco Federal Credit Union, VP of Finance and Operations Ted Smith Floor Products, and more!
Two night class: Tuesday, June 7 and Thursday, June 16: 6 – 8 p.m.
Please plan to attend both classes!
If you didn’t sign-up for the first class but want to come to the second class, please email mah629@psu.edu for the link.