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Taking Control Of Your Company's Finances
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It’s critical for troubled companies to have a realistic understanding of their financials. In this webcast, Herb Kay and Chris Linscott, CPA provide information that will help you take control of your company’s finances. They discuss the importance of having accurate and complete financial records, how understanding company financials are key to making good management decisions and how taking control of your company’s finances will help you prepare to raise money.
Chris Linscott leads the discussion by comparing financial statements from two cash poor companies. He highlights how the balance sheet, income statement and statement of cash flow tell the story of your business. This understanding is vital to developing your turnaround plans and serves as your groundwork for raising money.