University of Wisconsin–Madison
SBDC class participant

Financial Management Series

“The coursework provided us with a lot of tools and resources that helped us manage the growing business. The binder received in the class we use weekly still today. Steve Pullara did an excellent job at explaining key concepts and how to continue to use the information in our business.  The course really provided a crucial piece of the puzzle we needed to help us guide our start-up business. I would recommend this to anyone who is serious about starting a business or to anyone who may have some core Financial Management training needs.”

Brenda Fritz, Academy of Little Viking 4K & Childare

 

Overview

Created for owners, managers and employees who want to understand and use financial information to make sound business decisions.

“If you as an entrepreneur or business manager are looking for the answers and solutions to these sorts of questions and challenges, then this class is for you: (1) How to read and understand financial information, (2) How to analyze financial information to improve business management decisions resulting in business return on investment commensurate with the risks of the business, (3) How to improve and manage profitability using budgets and better manage working capital, (4) How to improve and manage cash flows using budgets.

In this series of four financial management classes, you will learn how to set up financial records, how to use and analyze financial statements to make decisions, how to create budgets to for profitability and how to manage cash flow. You may choose individual classes to fit your schedule, or benefit the most by taking the entire series since the classes build on each other and you save 10% from the cost of individual sessions.

Basics of Financial Management

Learn accounting terminology and the financial language of business management, how to read the three financial statements, and how management decisions impact your firm’s financial future. Learn accounting jargon, bookkeeping basics, the three types of financial statements, and how your management decisions affect your firm’s financial future.

You will learn:

  • How to read the three types of financial statements
  • How to record business transactions
  • Definitions of accounting terms

Analyzing & Interpreting Financial Statements

Use your financial statements to take advantage of opportunities, improve business performance and discover problem areas. Compare company performance to industry standards.

You will learn:

  • How to make smart business decisions using your financial statements
  • Types of financial analysis tools and their uses
  • Understanding breakeven analysis and the relationship amongst costs, sales volume, pricing, and profitability

Budgeting and Profit Planning

Learn the steps in the budgeting process. Predict sales volumes, estimate expenses and assess different business strategies.

Prerequisite: Basics of financial management and Using Financial Statements or equivalent experience.

You will learn:

  • Sales and revenue budgeting techniques
  • How to plan for profit
  • Forecasting sales and operating expenses and cost of goods sold

Managing Cash Flow

Forecast and manage cash inflows and outflows to ensure available cash when needed. Develop a cash-flow plan and budget. Understand the difference between short and long-term growth.

Prerequisite: Basics of financial management and Using Financial Statements or equivalent experience.

You will learn:

  • How to maximize return on equity through cash-flow planning
  • Analysis of actual vs. projected cash flow
  • How to diagnose cash-flow problems and strategies for improvement

Registration

Location: Grainger Hall, UW-Madison

Schedule: 8:30 am-12:00 pm

Dates:  Series includes all four classes – SAVE 10% ($536)
April 24 -May 15, 2019

Click to Register for Series

October 23 – November 13, 2019

Click to Register for Series

Individual Classes

  • Analyzing & Interpreting Financial Statements ($149):
    May 1, 2019
    Click to Register
  • Analyzing & Interpreting Financial Statements ($149):
    October 30, 2019
    Click to Register

or call 608-262-3909 to register

 

SHRM recertification 2019

 

This Program is preapproved for SHRM recertification

 

 

Cancellation policy: If you cancel before the program begins, there is a $25 cancellation fee. If you cancel after the program begins you will be charged for the full program fee. To cancel, call registration at 608-262-3909.

If there is inclement weather, please call 608-263-2221 for a recorded message after 6:30 am for day classes or after 3:30 pm for night classes.

Instructor

Steve Pullara

Steve Pullara is a partner with BDO USA, LLP a CPA and business advisory professional services firm. Steve specializes in serving growing privately held companies primarily in the construction and real estate industries as well as manufacturers, supply chain, and professional services industries. Steve enjoys facilitating the classes because the structure, processes, and best practices implemented by entrepreneurs and business managers enhances the businesses ability to be successful. This results in improved financial position, profits, cash flow and more and better paying jobs for employees. All of which results in sustained benefits to our communities.