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Getting Comfortable with Figures 1: Understanding your Accounts
March 7 @ 1:30 pm - 5:00 pm
This two-part event from Investing Women focuses on helping founders and entrepreneurs ‘get comfortable’ with their figures. Part one – ‘Understanding Your Accounts’ – concentrates on why figures are so important for potential investors, even if someone is managing your accounts. Founders need to know where they are financially to make good decisions and be able to discuss their business with prospective investors.
The session will cover the following:
• How to ensure your bookkeeping system works for you
• Why cash does not equal profit
• What is the difference between a profit and loss statement and a balance sheet
Part two of this series focuses on ‘Understanding What Investors and Backers Need’ on March 14th.