Understanding Financial Statements: Part 1

Tuesday, 30 July 2024 1:00 PM - 2:30 PM CDT

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Tuesday, 30 July 2024 1:00 PM - 2:30 PM CDT

The session and materials are designed to educate center owners/managers in using their financial statements to serve the optimal number of children based on current markets, cash flow, and industry reports/comparisons. At the conclusion of this activity, the participants should be able to: 

  • Define and list the roles of the services of the Missouri and SBDC and DESE and access and apply the tools and services of the two organizations. 
  • Conduct and apply financial analysis and forecasts in analyzing a center's financial strength and capacity. 
  • Create and explain basic financial statements, forecasts, and key center financial ratios. 
  • Present/explain a complete financial analysis in sufficient detail for a particular audience, including lenders, grantors, partners, investors, etc.

Early Childhood Innovation Center at UMKC - IHD

Sandra Smart
Trainer
Missouri Small Business Development Center (SBDC)

Sandra Smart has over 21 years of business experience as a small business owner working with small businesses and large corporations. She holds a Bachelor of Science in Business Administration with an emphasis in Production/Operations Management from Southeast Missouri State University and an MBA with an emphasis in management from Missouri State University. She holds certifications as an Economic Development Finance Professional (EDFP), GrowthWheel Business Advisor, Blue Mesa Transformational Coach, and Entrepreneurial Mindset Facilitator.

About Sandra Smart

Trainer
Missouri Small Business Development Center (SBDC)
Sherry Noller
Associate State Director
Missouri Small Business Development Center (SBDC)

About Sherry Noller

Associate State Director
Missouri Small Business Development Center (SBDC)