Welcome to CFO Corner, our ministry page. As a Faith Based business, we believe that Christian businesses are called to represent the gospel and be "salt and light" in the world of business. Most small Christian businesses however lack the expertise to overcome business challenges and many predictably fail shortly after they start. CFO Corner offers FREE webinars to provide these businesses with basic business training to help them succeed. Please listen to this short audio presentation which explains this a bit more.
Here are a few of the topics we will be covering soon:
Phase 1: Basic training: Booth Camp for Christian Entrepreneurs:
1 The role you and your business play in Kingdom advancement.
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2 Four Spiritual disciplines every Kingdom entrepreneur must develop
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3 What is an "entrepreneurial mindset" and do you have it?
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4 Due diligence: Things you must do before starting your business
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5 How to evaluate your business model ("The Banana Pudding Pitch")
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6 Choice of legal entity (Sole proprietor, Partnership, LLC, S Corp C Corp) which is most appropriate for you and why
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7 Basic business finances: Assets, Liabilities, Income, Expenses, Profit and Cash flow: What are these and why are they important to you
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8 Basic compliance issues: record keeping, Taxes and Annual returns
Phase 2: Technical Topics for more advanced businesses (simplified):
1 What makes a business grow? (Model, Opportunity, Capital and Leadership)
2 Capital: How much do you need and where to source it
3 Setting sales and marketing targets: Break-even and profit margin analysis (made simple)
4 Small business Key Performance Indicators (KPIs): what should you track and why
5 Avoid liquidity issues: Cash flow management for business owners - Projections and planning
6 Plotting your course: Setting business targets and budgets - Monthly management and evaluation of results