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In This Issue:
Business Performance: Measure, Manage & Succeed - April 24, 2012
Entrepreneur Exchange - April 24, 2012
Energy Efficiency: Increasing Your Profits without New Sales - May 10, 2012
Understanding Financial Statements - May 9, 2012
Understanding Financial Statements WORKSHOP - May 9, 2012
How to Control Cash Flow - May 16, 2012
Predicting Future Cash Needs - May 23, 2012
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Do you ever...

  • Solve problems that never should have occurred?
  • Find employees are not focused on activities that contribute to the company goals?
  • See that communication breaks down?
  • See profit margins are being squeezed?
  • Want to grow but can't find the time?

    If so, then this class is for you...
      

 Business Performance: Measure, Manage & Succeed

 

Business people having a discussionRealize the benefits of a performance measurement system that allows you to manage time and resources to make your business more competitive. The Balanced Scorecard is a measurement and management system that channels the energies, abilities and specific knowledge of people in your company toward achieving business goals. It measures performance in critical areas that are key to your success. Each business has a unique path to success. The steps to develop a Balanced Scorecard force your company to clarify its strategy and key success factors. The scorecard then becomes a tool that improves communication, empowers people to make informed decisions and aligns work throughout the company. With these tools, you can outperform the competition.

 

 
Topics include: 

 

  • Articulate the key factors to your success
  • Organize them into categories
  • Select measures to manage performance
  • Establish goals for each measure
  • Narrow the measures to vital few
  • Develop a data collection system
  • Communicate what is important
  • Make the measures meaningful to everyone in the company
  • Evaluate, revise and redeploy

 

 

 

Date: April 24, 2012
Time: 8:30 am - 12:30 pm
 

 

Place: Missouri State's Glass Hall (west entrance)
Fee: $129.00 per person;
Instructor: Isabel Eisenhauer, SBTDC Consultant

Certificate of completion provided.
 

 

 

 

 

 

Entrepreneur Exchange
April 24, 2012

To register, email jjohnson@springfieldchamber.com
 


 Entrepreneur Exchange April 2012
 

 

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"Vote for Small Business Week   in 2012"

 

Small Business Week logo 

May 2 - 10, 2012 

for a complete list of Small Business Week events ~

 

 

 
  
 
Energy Efficiency flyer
 
Financial Management Series ~
May 9, 16 & 23, 2012

 

 

  Understanding Financial Statements

Man and woman review financialsBusiness owners, managers, accountants, bankers and consultants need to know how to turn financial statements into useful management tools. After attending this financial management series, you will be able to make better business decisions based on sound financial information.


Topics include:

· Financial management cycle
· Accrual vs. cash accounting
· How to document past performance
· Case study introduction
· Income statements
· Percentage size statements
· Balance sheets
· Ratio analysis
 

 

Date:  May 9, 2012
Time:  9:00 am - 12:00 pm

 

Place: Missouri State's Glass Hall (west entrance)
Fee: $109.00 per person; $297.00 for the series of 3 (Save $30)
Instructor: Rayanna Anderson, SBTDC Director

Certificate of completion provided.
 

Understanding Financial Statements WORKSHOP

 

Using the information learned in the "Understanding Financial Statements" seminar, this 3-hour course will offer a hands-on, computer-based experience where the information learned in the seminar can be directly applied to a company's individual financial statement. Participants must first complete the 3-hour "Understanding Financial Statements" course before enrolling in this workshop.

 

 

How it works:
· Bring your own company's financial statements
· Perform common size statements to look for trends
· Review comparables based upon industry averages
· Participants will calculate financial ratios for their own business

This is the type of information your banker uses to evaluate your business' financial performance. This workshop will truly help you understand and use your financial statements to manage your company's performance.

Date:  May 9, 2012
Time:  2:00 pm - 5:00 pm

Place: Missouri State's Glass Hall (west entrance)
Fee: $109.00 per person
Instructor: Rayanna Anderson, SBTDC Director

Certificate of completion provided.

 

 

  

***Workshop seating is limited to 12 individuals***

 

 

 

How to Control Cash Flow

 

In this second class of the financial management series, we'll take a close look at where cash comes from in a small business, where it's used in day-to-day operations and how to identify and correct cash flow problems. You'll be able to identify key information on cash flow statements and be able to follow the path of cash as it travels through your company. You'll identify cash flow strategies to use in your organization. You'll become familiar with the sources and uses of cash, ratios and the most common "gobblers" of cash in any business. This isn't theory - it's practical application for real businesses - like yours!
 

Topics include:
· Financial management cycle
· Accrual vs. cash accounting
· How to document past performance
· Case study introduction
· Income statements
· Percentage size statements
· Balance sheets
· Ratio analysis

Date:  May 16, 2012
Time:  9:00 am - 12:00 pm


Place:
Missouri State's Glass Hall (west entrance)
Fee: $109.00 per person; $297.00 for the series of 3 (Save $30)
Instructor: Rayanna Anderson, SBTDC Director

Certificate of completion provided.
 
 

Predicting Future Cash Needs

Complete your financial education with this third course in our seminar series. This class is designed to teach you how to create and use a cash budget to prepare for future business performance. During this course, you will learn to estimate future sources and uses of cash. You will also learn how to analyze your predictions to make more informed decisions. You should leave this session feeling more comfortable about decisions related to preparing for growth, realistic loan and financing requests, how much cash you can safely take out of the business, and how to make affordable purchases for your business. At its conclusion, you should be able to: forecast sales, receivables and expenses, use a cash budget to create a month-by-month view and calculate Break-Even, as it relates to business expansions, workforce additions or capital expenditures.

Topics include:
· What is cash planning
· Preparing the cash budget
· Forecasting cash in
· Estimating cash out
· Making informed decisions
· Dealing with cash budgeting problems
· Break-even analysis

Date:  May 23, 2012

Time:  9:00 am - 12:00 pm

 

Place: Missouri State's Glass Hall (west entrance)
Fee: $109.00 per person; $297.00 for the series of 3 (Save $30)
Instructor: Rayanna Anderson, SBTDC Director

Certificate of completion provided.
 
 
www.sbtdc.missouristate.edu
 
Visit our website to view a complete listing of all of our educational training seminars, or to subscribe to our email list.
 
 
 

Funded in part through a cooperative agreement with the U.S. Small Business Administration.  Programs are extended to the public on a non-discriminatory basis.  Reasonable accommodations for persons with disabilities will be made if requested at least two weeks in advance.  Contact Tara Horton, Missouri State University SBTDC, 901 S. National, Springfield, MO  65897, (417) 836-5685.

Missouri State University is an Equal Opportunity/Affirmative Action Institution.