As a designer, it’s important to know your liabilities at any point of your business, specifically regarding vendor payouts, sales tax payments, and IRS & state taxes. In this webinar, you’ll learn:
- How to properly manage your cash with a simple formula. We’ll review how to determine what’s actually profit or what needs to be paid to a vendor.
- The purpose of a balance sheet and how to properly read a balance sheet in order to analyze your liabilities. We’ll review how to identify what liabilities can affect your cash flow.
- How to feel comfortable about your money flowing in and out of your business. We’ll focus on operations expenses, capital expenses and cost of goods.