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Sound Transit Financial Planning for DBE and Small-Business Owners

Learn how to leverage strategies, tools and skills to ensure business operations are financially sound and profit table. The training will focus on:

Financial statements

• To spotlight business improvement areas.

• How to compile, review and audit balance sheets,

income statements and cash-fl ow statements.

General business management strategies

• Differentiate your business to ensure market

opportunity sizing, competitive edge and

continued growth.

• SWOT ((Strengths, Weakness, Opportunities & Threats) analysis.

• Go-to-market strategies.

Financial health positions

• How to meet short-term fi nancial obligations to

maintain and grow operations.

• Monthly review of key ratios and fi nancial

management.

Key Performance Indicators (KPIs)

• How to develop key applicable measurements for

business profi tability, customer experience and

operational effi ciency.

• Examine eight-10 critical KPIs.

Sound Transit guest, CH2M, will discuss the importance of consultant/c ontractor financial planning on public contracts.

 
Date: 
Thursday, August 17, 2017 - 8:00am to 1:00pm
Organizer Name: 
Jennifer Hoback
Organizer Email: 
Jennifer.Hoback@soundtransit.org