On Wednesday, July 20, 2011, the Great Streets Business Leadership Council (GSBLC) continued its monthly Seminar Series with a webinar on “Understanding & Analyzing Financial Statements.” This newly instituted format received quite a welcome, logging more participants than an average evening seminar. The topic of discussion was focused on introducing three primary financial statements to the participants: 1) the balance sheet, 2) the income (P&L) statement, and 3) the cash flow statement. With the goal to relay the importance of understanding these statements the presenter, Jonah Orr Jr, owner of the Business Center, a recently formed small business support and tax preparation service, moved pointedly through the subject matter using basic and commonly referenced terminology. And while only a few participants had questions after the presentation, many have contacted the GSBLC to say how pleased they were with the webinar! The GSBLC is looking ahead to include this apparently welcome format in many of its future Seminar Series.
To see the full presentation, please visit www.greatstreetsblc.org.