The LA SBDC Regional Network offers no-cost virtual business workshops for small businesses.
We serve Los Angeles, Santa Barbara, and Ventura counties.
- This workshop has passed.
WEBINAR Accounting Basics for Small Business Owners
This two-hour “Accounting Basics for Small Business Owners” webinar gives owners a concise, practical overview of how to organize their numbers, understand key reports, and set up a workable accounting structure. It is designed to complement the slides you prepared and stay tightly focused on what small business owners can act on quickly.
This webinar introduces the core accounting building blocks every small business needs: how money flows through sales, purchasing, and payroll, how to structure a simple chart of accounts, and how daily transactions turn into financial statements. By the end of the session, owners will understand the role of the balance sheet and income statement, and leave with a short checklist to improve their current accounting setup
Goals and outcomes:
- Clarify how sales, expenses, and payroll move through the business and into the books.?
- Show owners how to think about product and service categories to support meaningful revenue tracking.
- Provide a simple framework for setting up or cleaning up a chart of accounts tailored to a small business.?
- Help participants read basic financial reports so they can monitor cash, profitability, and overall financial health with more confidence.
Instructor: Michael DeDonato (SBDC Advisor) and seasoned corporate finance executive and business advisor, with a demonstrated history of working in the manufacturing, healthcare, consumer goods, construction and aerospace/defense industries. Mike’s functional expertise is in accounting and financial management.
