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October Networking Luncheon – Maintain Business Longevity with Dr. Wayne Label
October 12, 2016 @ 11:30 am - 1:00 pm
WILL YOUR BUSINESS BE IN EXISTENCE IN 2018 (18 MONTHS)???
Unfortunately, the answer is statistically NO. (But don’t panic). 8 out of 10 of all small businesses fail in the first 18 months. Not because they don’t have a a good product or service or even have a great. Location but because they run out of money. They can’t pay their employees or the IRS you can increase your odds of success by having a basic understanding of the basic concepts and don’t leave the responsibility to others inside or outside of your business.
Dr. Wayne Label, CPA author of the best-selling book “Accounting for Non-Accountants” (Just released in Spanish).
Wayne has taught at 18 universities in the US, Europe and Latin America, including Harvard, Georgetown, UCLA and University of Hawaii. He helped to start MBA programs in Brazil, Bolivia, Peru, Germany and Mexico. He has been a consultant to several small and large businesses and has served as an expert witness for large and small companies.
Dr. Label will discuss what are the 10 top reasons that small business fail and how you can avoid these pitfalls. He will show why accounting is not scary but why it is the so important as a small business owner/manager to understand the basics
Wayne understands how the word accounting either scares you or makes you sick! But he is here to show why understanding the basics are essential to the success of your business and avoid fraud.
Do you feel comfortable with terms like:
1. Prepare a profit and loss statement
2. Understand cash flow statements
3. Analyze and examine financial accounts
4. Have an understanding of working capital
5. Use ratio analysis to check relationships among various financial statement items
6. Plan and Manage budgets
7. Deal with auditors and audits
8. Conduct business analysis
9. Avoid Fraud
After this informative keynote, their importance will be felt.
Wayne has recently retired from full time teaching and enjoys volunteering in the Solana Beach community, playing tennis/pickleball, sailing and traveling.
Fish Market Fabulous Menu:
Shrimp Louie Salad with Louie dressing, egg, cucumber, tomatoes & onion.
Ultimate Burger with bacon & Tillamook cheddar cheese, lettuce, tomato and onion, served with French fries.
Albacore Tuna Melt – wheat bread, Tillamook cheddar cheese, served with French fries.
Grilled Canadian Rockfish served with roasted vegetables and Fishwife rice.
Cup of New England or Manhattan clam chowder & Fresh Green Salad – poppy seed vinaigrette
Members – $18
Non-Members – $20
All are welcome!