◾️Lunch: Provided (pre-registration required)
◾️Capacity: Limited to 25 participants
Session Overview
Financial statements are tools, not reports to fear or ignore. This session helps business owners understand what their numbers are actually saying and how to use financial information to make better decisions.
The focus is interpretation and awareness, not accounting.
Topics Covered
◾️Reading financial statements without being an accountant
◾️Understanding profit, cash flow and cost structure
◾️Identifying financial stress signals early
◾️Fixed vs. variable costs and break-even awareness
◾️Why sales growth can sometimes increase financial risk
Lunch & Learn
Presented by Truist: Business Finance Basics
Topics include managing cash flow, building and expanding a business and protecting operations.
Who Should Attend
◾️Owners who want better control of their finances
◾️Businesses experiencing cash flow challenges
◾️Entrepreneurs preparing for future growth
◾️Participants from Part 1 or equivalent experience
Additional Support
Optional one-on-one business counseling will be available 2:30–4:30 PM following the workshop (by appointment).
Speaker(s): Aundrea Yevette Lynn Salyer, MBA, CEcD, Chief Business Development Officer, Kingsport Chamber
Co-Sponsor(s): Holston Business Development Center; Tennessee Small Business Development Center at East Tennessee State University; Truist Bank
The cooperative agreement between KOSBE and East Tennessee State University is partially funded by the U.S. Small Business Administration (SBA). SBA’s funding is not an endorsement of any products, opinions or services. Reasonable accommodations for persons with disabilities will be made if requested at least two weeks in advance. Please contact Madison Potter — 423-392-8811; mpotter@tsbdc.org; 400 Clinchfield Street, Suite 100, Kingsport, Tennessee 37660. TSBDC services are provided in a nondiscriminatory way to all legal residents and citizens in the US.
Fee: No Cost