Financial Management for Growth will aim to improve the financial decision making of small business owners. The program content will be designed to educate the business owner on the importance of good financial data and how to use that financial data for both tactical and strategic decision making. The program will cover the process around analyzing the numbers to improve cash flow and profits.
Course Outline
Agenda:
1. Financial Analysis / Decision Making
2. Strategies for Improving Cash Flow
3. Strategies for Increasing Profits
Learner Outcomes
Attendees will learn how to:
Leverage the fundamentals of growth using financial management techniques
Create strategies for improving cash flow and increasing profits
Determine best business decision based on analysis of financial statements Small businesses are important to the growth and success of Georgia?s economy. They provide economic opportunity by offering greater access to business support services, education, and jobs for owners and employees. Government agencies know that directing spend to small businesses for the purchase of items and equipment that support their mission, research or initiative is a great way to support small businesses.
Most government agencies offer a good deal of information about how to do business with them and list upcoming opportunities. However, the process to sell to the government can be bombarded with requirements that are difficult for a seller to understand, respond to and follow.
To help navigate through the state procurement process, the Department of Administrative Services (DOAS) is excited to present a virtual series of readiness workshops that are targeted to the small business community. These workshops will intertwine the procurement process with essential small business development training on how to increase your business core capability and capacity. Through collaborative efforts with educational partner, the University of Georgia Small Business Development Center Minority Business Development (UGA SBDC MBD), our small business partners and industry experts, DOAS will be able to provide information to small business participants on how to implement human resources, insurance bonding, and other financial considerations that may improve business efficiency in order to achieve its state government contract goals.
Course Outline
Held every first and third Thursday of each month from 9 a.m.- 12:30 p.m.
August 18, 2022 Module I: Contract Opportunities, Marketing & Research Strategies
August 25, 2022 Module II: Business Operations Strategies
September 1, 2022 Module III: Business Operations Strategies
September 8, 2022 Module IV: Procurement Business Development Strategies
September 15, 2022 Module V: Financial Management Strategies
September 22, 2022 Module VI: Small Business Readiness Checklist, Connections & Executive Summary
September 29, 2022 Ceremonial Module: Networking and Small Business Readiness Certificate
Webinar - Financial Management for Growth
Webinar - Georgia DOAS Procurement Readiness Workshop
