Small Business Seminar Focuses on Understanding the Bottom Line

The following press release is from Fifth Third Bank:

Fifth Third Bank (Eastern Michigan), The Arab American Chamber of Commerce and the Small Business Development Center are hosting a seminar designed to help entrepreneurs better understand their financial statements to more effectively run their operations and make better business decisions. Titled “Know Your Numbers,” the seminar’s topics include:

• Identify opportunities and challenges with your balance sheet and income statement
• Discuss the proven ways to increase your company’s cash flow
• Apply breakeven analysis to improve decision making
• Understand and plan the working capital to support your growth
• Strengthen the partnership with your lender

The seminar will take place on Wednesday, August 26 from 8:30 a.m. to noon at the Tejara Center located at 10415 W. Warren Avenue in Dearborn, MI 48126.

This session is the seventh of a yearlong series. Cost is free for Fifth Third Bank customers, Arab American Commerce members and military veterans, who may call 734-487-0355 for no cost registration. Cost $25 for all others and includes workbook. Register Online at SBDCMichigan.org/training.