North Coast SBDCEureka and Crescent City California

Webinar ~ Essential Financial Skills for the Restaurateur

Webinar ~ Essential Financial Skills for the Restaurateur

Thursday, July 23, 2020 2:00pm to 3:00pm

This Webinar is designed to provide beginning and experienced restaurateurs the essential knowledge needed to better understand and manage their financials.

The 60-minute webinar will focus on practical aspects of understanding and using the three most important financial reports in any business - income statement, balance sheet and cash flow. The Webinar will also cover key information needed to forecast future revenues, expenses and cash flow.

Topics covered will be:

  • Understanding the 'Big 3' financial statements and key terms
  • How to use historical financial information to forecast future revenues and profits
  • Industry benchmarks for key ratios like gross profit margin, net income, etc.
  • Understanding food costing and how to improve profit margins
  • Learn proven strategies to maximize cash flow
  • Interactive Q+A for individual questions

Presented by Paul Bozzo, Business Advisor for the SBDC Finance Center.
Paul has more than 25 years of professional experience working with start-ups on debt and equity funding, business planning, financial analysis and start-up strategy.
As an SBDC advisor, Paul’s specialty is working with entrepreneurial ventures to refine their business model, create an investment-driven business plan, develop credible financial projections and prepare an effective investor pitch. He also advises founding teams on common start-up issues such as legal entity selection, intellectual property, financial accounting and go-to-market strategy.
Paul has a Bachelors of Science in Information Systems and MBA with a concentration in Finance.
Online Webinar

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It all starts here. Complete the application and submit your request. A member of the SBDC will follow up with you and help you achieve your small business goals -- at no cost to you.
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Funded in part through a cooperative agreement with the U.S. Small Business Administration. All opinions, conclusions or recommendations expressed are those of the author(s) and do not necessarily reflect the views of the SBA or HSU Sponsored Programs Foundation.