Translate
Your financial statements should help you manage your business as well as support your reporting needs for tax purposes, lenders, and investors. This interactive Zoom Webinar will address your questions about ways your financial statements can help you manage your business. Typical questions are:
- Does the order of accounts on my statements matter?
- What’s the best way to easily track Fixed and Variable costs?
- What is an acceptable Gross Margin percentage?
- What is a “coverage ratio” and why does it matter to lenders?
Panelists will assume familiarity with financial statements basics. The following PDFs provide an overview of each financial statement, along with links to additional resources that may be helpful:
And the following Glossary of common terms may also be useful:
Please note your questions before this webinar so that you remember to ask them. You will be asked to introduce yourself and participate in the discussion among all attending. If you wish to exchange contact information with others who are attending, you will be welcome to do so. This workshop is brought to you by Machias Savings Bank.
This Panel Q&A will not use a slide deck and will not be recorded, so there is no reason to register if you do not expect to attend.
