Session 4: The Importance of Financial Information
The first of two devoted to the critical topic of Money. The importance of not only organizing your business' financial information but reporting it in a timely and accurate manner is critical to managing any business! Module 4 will address the contents as well as the types and frequency of needed financial reports.
What Financial Systems should you be considering? (Desktop vs. Cloud-Based)? Should your financial reporting be done as a "DIY activity"? Versus retaining a Bookkeeper? Versus hiring an Accountant? An Entrepreneur must have a clear understanding of this financial information and its reporting components; particularly if the business has a future need for outside financing options.