...building the foundation for a business that will endure the challenges of growth requires that the company invest time and energy into its finance and accounting functions
CHICAGO, IL (PRWEB) February 15, 2016
The initial stages of the life of a business present novel and exciting challenges. While emotion, energy and great aspirations are the mark of a startup, financing, infrastructure and a grounded marketing plan are the fuel which propel a business forward.
Whether dealing with starry-eyed first time entrepreneurs or established professionals starting their own businesses, many of the principal concerns remain the same: (i) raising capital; (ii) finance and accounting; (iii) human resources; and (iv) developing and executing a marketing plan. As the market’s taste for startups continues to grow, opportunities to participate, advise and facilitate their growth are plentiful.
Join some of the leading experts in this growing field as they discuss- in plain English for the non-expert- the fundamentals of advising a startup. As with all Financial Poise webinars, each episode in the series is designed to be viewed independently of the other episodes, and listeners will enhance their knowledge of this area whether they attend one, some, or all of the programs.
Episode #2 of the series is Finance & Accounting 101 (Register Here). Moderator Michael Brandess of Sugar Felsenthal Grais & Hammer will be joined by Lynda Davey of Avalon Net Worth, Jonathan Weinberg of KPMG and Bradford Hall of Hall & Company.
The backbone of any business, startup or otherwise, is strong finance and accounting. However, unlike more established businesses, startup employees often wear multiple hats. Even in the early days, where creativity clashes may prove common, the need to designate a responsible person and to develop a working finance and accounting system is paramount. Investors require detailed reports; vendors and employees require payment; and accounts receivable must be managed with great particularity. Whether this function is satisfied by one or several individuals within a startup, building the foundation for a business that will endure the challenges of growth requires that the company invest time and energy into its finance and accounting functions. This webinar provides the entrepreneur and his or her advisors with an overview of finance and accounting for startups, and practical tips for getting started.
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Financial Poise provides unbiased news, continuing education, and intelligence to private business owners, executives, investors, and their trusted advisors. For more information contact Emily Goldin at egoldin(at)financialpoise(dot)com or 312-469-0135.