Community Investment Corporation believes in RADICAL access! That’s why we offer FREE financial literacy classes online!
Join us on January 18 and 25 from 6-8pm* as Executive Director Danny Knee and Business Manager Betty Vinall walk through what a Profit and Loss Statement and Balance Sheet are, and how they are crucial to your small business. Bring your questions!
Take advantage of this opportunity for FREE education and access to financial literacy! If you’re not available for these, have no fear. We post every info session and workshop on our YouTube channel so you can learn on-demand.
*AZ Mountain Standard Time
The Profit & Loss Statement
The Balance Sheet
Have you ever been asked “How profitable is your business?” and not known what to say? Have you ever tried seeking funding for your business and come to a dead-end when you were asked for your “P&L”?
We will cover the basics of one of the most important financial documents in business, the Profit & Loss Statement (or “P&L”).
You’ll learn: How to read a P&L from top to bottom, without getting your eyes crossed by all the numbers. What steps to take to organize your information so you can fill out your own P&L.
We’ll cover how to do it the old-fashioned way (pen and paper) and using the latest technology (cloud-based software solutions). How to use the P&L to better run your business and seek financing (e.g. a loan, investor, etc.).
The course is delivered in lecture style. Are you a small business owner, entrepreneur someone just setting up a business or non-profit? The course is designed for those wanting to keep better finances themselves, or those who already have a bookkeeper or accountant but don’t know how to interpret their finances. English literacy and familiarity with basic arithmetic (addition, subtraction) necessary.
Have you ever been asked “How much is your business worth?” and not known what to say?
The course being offered will cover the basics of one of the most important financial documents in business, the Balance Sheet.
You’ll learn: How to read a Balance Sheet, and its three primary components: Assets, Liabilities, and Equity. What steps to take to prepare a simple Balance Sheet, so you know what your business is worth.
The course is delivered in lecture style. Are you a small business owner, entrepreneur someone just setting up a business or non-profit? The course is designed for those wanting to keep better finances themselves, or those who already have a bookkeeper or accountant but don’t know how to interpret their finances. English literacy and familiarity with basic arithmetic (addition, subtraction) necessary.
Meet the Teachers
Danny Knee has two decades experience in the public and nonprofit sectors, including 14 years in executive management. He has experience as an entrepreneur and small business owner and was named one of Tucson’s “40-Under-40” in 2007 for contributions to his profession and the community.
Betty Vinall has been with CIC since 2004, has 35+ years of experience in bookkeeping, and is owner of Balanced Books LLC, a bookkeeping business specializing in working with nonprofits and small businesses.
