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Beginner Accounting & Cash Management Series for Startups | 3 PART SERIES
So you are planning to start a business - congratulations! We want to help you maintain adequate records of your business, be able to analyze business profitability, and at the end of the year file the appropriate taxes.

Session 1:

Keeping Track of Your Business

• What do I need to keep records of? Receipts, invoices, etc.
• How can I keep my accounting records? On paper, in excel, something like Quickbooks
• Who will want to see this information other than me? For taxes, for getting a loan, for investment

Session Two:

How to Figure Out Profit and Manage Cash

• How can I have no cash and have a profit to pay tax on? What is the difference between profit and cash flow
• How do I figure out how much cash I need to fund my business? If I grow quickly, could I run low on cash? How do I prepare a budget for cash flow
• How can I fund my business? What options are there for financing a small business

Session Three:

What Taxes – for the company, for employees, for what I pay myself?

• What taxes need to be filed for my company? Whether it’s a Sole Proprietor or LLC – what is needed
• Understand basic employment taxes. What do I need to do to be compliant
• Should I pay myself wages? Is it better to pay myself wages or get income from company profit
• What insurance do I need?
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Meeting is over, you can not register now. If you have any questions, please contact Meeting host: Enrique Rubio.