Mastering Finances for Black-Owned Businesses

According to SCORE’s Megaphone on Mainstreet study, 8.8% of black-owned businesses described their business now as profitable and growing, while 56.3% reported as NOT profitable. A key to the success of any business is financial literacy and being able to master your numbers. Join this educational webinar, presented by Owner & CEO of PKJ Consulting Phyllis Johnson, that will break down this critical element of business success into simple terms, so you are more informed, understand your numbers and can make better financial decisions. This session will guide you on: Understanding the alliance between personal and business finances How to read and use financial statements How to measure your company’s financial health Accounting basics (including accounting software) How to use cash flow forecasts Business risk and how to manage it How trusted advisors can help your business (and how to vet them) Presented by: Phyllis Johnson Phyllis Johnson, Owner & CEO, launched PKJ Consulting in 2015. PKJ Consulting is an Accounting & Consulting Services company for small businesses that provides accounting, bookkeeping, consulting, taxes, payroll, consulting, and startup services. She started her company because growing up in the Bay Area of California, she saw a lot of small businesses startup and close due to lack of resources, planning, and assistance. She became passionate about wanting to help small businesses. Phyllis believes that continuing education allows her to learn and grow as a person and also allows her to fully help other entrepreneurs. She holds a B.S in Business Administration with a minor in Accounting and Finance from Pepperdine University, a MBA from UNLV with a focus in Entrepreneurship Management, her Professional in Human Resources Certification, is QuickBooks Online Elite Pro Certified, and Microsoft Office Certified.