Financial stress from owning a business starts with inadequate awareness of the venture’s key financial and tax drivers. The next challenge is knowing how to manage them.
This course provides an understanding of essential financial reports like the Income Statement, Cash Flow Statement, and Balance Sheet as well as financial management tools like budgeting and cash flow analysis.
This course will also cover crucial tax issues such as planning for and paying your estimated taxes, determining your sales tax liability across state lines and, whether your business qualifies for the – up to – 20% qualified business income (QBI) deduction.
Be adept with the financials of your business and lower your stress as a business owner. You’ll also be better equipped to qualify for a business loan or attract investors when the business needs it.