Northern Maine Development Commission’s (NMDC) Business Finance Division and Small Business Development Center will be presenting a workshop entitled “Understanding Your Business Financial Statements” Thursday, Sept. 18, at 9 a.m. in Caribou.
This workshop will examine three important financial statements that are crucial to understanding how a business is performing, useful when making management decisions and when communicating with an accountant.
During the training, the attendees will explore the Income Statement, the Balance Sheet and the Cash Flow Statement. Participants will learn what each statement tells you about your business and what each does not tell you and why they must be considered as a whole to gain a complete picture of where a business stands.
The workshop will be held at the NMDC boardroom in Caribou from 9 a.m. to 11:30 a.m.
Pre-register with an RVSP to Mary Dahlgren at 498-8736 or by email at mdahlgren@nmdc.org.
