Understanding your financials and how to use the information they contain is critical for all business owners and managers. The below resources can assist you beginning the process. You are encouraged to contact your local SBDC Certified Business Advisor to assist you in gaining the knowledge and experience you need to use this critical information, and to better manage your business. WSBDC advisor location map.
Projecting & Controlling - PROFITS, INVENTORY, and CASH FLOW.
These courses with the 3-in-1 calculator teach the basic financial levers of a retail business. Using the training and tools ROI delivers allows retailers can see for themselves how fluctuations on the P&L (sales, margins, expenses) and Inventory turns combine to affect Cash Flow.