Healthy and consistent cash flow is the fuel that powers every business. It is as essential as oxygen. How is your business cash flow? Do you have cash flow necessary to meet today’s needs? What about next month or next year? Do you use cash flow efficiently? What can you do to increase cash flow and use it grow your business?
Join Vest Pocket on October 25th for a special mid-day event when Sheldon Bartel, business finance expert, and Ashton Ferrin, CPA, provide an in-depth class on this very important topic that is essential to the success of every business. Each attendee will receive a complimentary coursebook of practical materials.
Location: Public Safety Building Classroom, 475 S. 300 E., SLC
Time: 10:30 AM – 2:00 PM
Admission is FREE and includes lunch courtesy of the National Development Council.
Seating is limited so click below to register now.
This short class teaches small business owners the importance of financial statements and how they can be used to make better business decisions and manage cash flow. The connection between bookkeeping transactions and financial statements is made using QuickBooks software. Participants learn how third parties, including lenders, evaluate financial statements to make lending decisions. Specific topics include:
- the importance of maintaining current and accurate financial records
- keeping financial records with QuickBooks
- accounting terminology
- balance sheet
- profit and loss statement
- the importance of cash
- determining your company’s cash needs
- cash flow statements
- cash flow forecasting
- selecting an accountant and accounting system
- preparing for growth
Sheldon Bartel, CEcD & EDFP, serves as Small Business Loan Officer for the National Development Council’s “Grow America Fund.” He is based in Sheridan, WY and is responsible for serving the Salt Lake City area. Sheldon received his BA in Economics and Finance from Houston Baptist University and his MS in Agricultural Economics – Design, Management and Appraisal of Development Projects from New Mexico State University. Prior to joining the National Development Council’s Grow America Program in July 2011, he owned and managed a hospitality business, worked as an accountant in commercial real estate development, taught basic business skills to immigrants, served as an executive in the non-profit sector of the economic development industry for 14 years, and headed up the lending department for one of the nation’s largest micro-lenders. Sheldon has deep experience in processing and closing various types of business loans, including SBA 7a, 504 and Microloan, USDA Intermediary Relending, and other loans. He teaches economic development finance and small business credit analysis courses for the National Development Council as well as for the International Economic Development Council.
Ashton Ferrin is a CPA with a diverse background in public accounting. He is the founder of the Big Mountain CPA firm based in Park City, Utah. Ashton specializes in individual and business tax and accounting services. He has deep experience in a variety of areas, ranging from basic bookkeeping transactions to complex business financial, tax, and cash flow analysis and government compliance. Ashton has an MBA from Westminster College and is the immediate past president of the Mountain Chapter of the Utah Association of CPAs. He enjoys spending time with his family and making the mountains his home in every possible way.