Capital Region SBDCSacramento SBDC

RESTAURANT PROGRAM ~ Essential Financial Skills for the Restaurateur

RESTAURANT PROGRAM ~ Essential Financial Skills for the Restaurateur

Thursday, July 23, 2020 2:00pm to 3:00pm
No fee

This Webinar is designed to provide beginning and experienced restaurateurs the essential knowledge needed to better understand and manage their financials. The 60-minute webinar will focus on practical aspects of understanding and using the three most important financial reports in any business - income statement, balance sheet and cash flow. The Webinar will also cover key information needed to forecast future revenues, expenses and cash flow. 

Presenter: Paul Bozzo, SBDC Regional Advisor. Paul is an expert on financial analysis and has helped hundreds of businesses over the past 10-years develop simple and practical techniques to better understand their financials.

Topics covered will be:

- Understanding the 'Big 3' financial statements and key terms

- How to use historical financial information to forecast future revenues and profits

- Industry benchmarks for key ratios like gross profit margin, net income, etc. 

- Understanding food costing and how to improve profit margins

- Learn proven strategies to maximize cash flow

- Interactive Q+A for individual questions

 

Louise Dawson
Dawson@norcalsbdc.org

COVID-19

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Funded in part through a cooperative agreement with the U.S. Small Business Administration. All opinions, conclusions or recommendations expressed are those of the author(s) and do not necessarily reflect the views of the SBA or HSU Sponsored Programs Foundation.