Event Details
The program aims at imparting knowledge to existing business owners about financial literacy.
The program showcases significant information on maintaining and managing basic financial aspects such as –
- Importance of opening a current bank account with a bank
- Routing of transactions through a bank account
- Benefits of maintaining records of cash transactions
- Significance of optimum utilization of financial resources available with the business.
- Advantages of repayment of EMI on loan on or before the due date
- Importance of preparing budgets
- Importance of cash flow management
Who should attend
Existing Business owners seeking assistance
- To track business transactions carried out through different modes such as cash, bank, digital and credit
- To prepare budget
- To understand the importance of cash flow management
- To ensure timely repayment of EMIs on borrowed loan
- To keep up-to-date records of business transactions
Takeaways from the event
- Understand the processes of recording and tracking all business transactions
- Understand the significance of paying EMIs before or on the due date
- Learn budgeting for the near future to ascertain cash requirements on a periodical basis
- Learn about cash flow management