Training For Small Business Owners Slated

DANBURY — Owners of small businesses can better manage tough times with a broader understanding of finance. The Community Economic Development Fund (CEDF) will soon hold two low-cost evening courses that can help.

Both will be held the Danbury Chamber of Commerce office, 25 West Street, and taught by Tom McGoldrick, CPA.

“Understanding Business Finances to Maximize Your Profit” will be presented Tuesday, Thursday and Tuesday, October 12, 14 and 19, 6:30 to 9 pm each week.

Participants will learn how to keep the necessary records for a small business and how to set up functional recordkeeping systems. The workshop will include understanding financial statements, making income projections, and different accounting methods that work best for a small business. Cost is $20 for CEDF clients, $35 for the general public.

 “Tax-Related Issues for Small Business,” will be taught Tuesday and Thursday, October 26 and 28 from 6:30 to 9 pm. The workshop will highlight the tax issues associated with owning a small business in Connecticut, including different kinds of taxes, deadlines, and filing responsibilities. Cost is $15 for CEDF clients and $25 for the general public.

Seating is limited and registration is required. These courses are prerequisites to a four-night QuickBooks course to be held starting November 9 at CEDF in Meriden.

The aforementioned “Introduction to QuickBooks” sessions are planned for Tuesdays and Thursdays, November 9, 11, 16 and 18, 6:30 to 9 pm, at CEDF, 965 East Main Street, Meriden.

The four-night workshop, taught by Wayne Stanforth, CPA, will focus on QuickBooks, an accounting program that helps business owners track a wide range of complicated financial issues. This training will enhance one’s ability to understand cash flow, control costs, and simplify recordkeeping.

Cost is $125 for CEDF clients, $160 for the public. Training includes a copy of QuickBooks Pro, a $199 value.

Participants must attend all four QuickBooks classes to gain knowledge and a certificate of completion. This workshop is limited to ten participants, and registration is required.

Call Rina Bakalar at 203-235-2333, extension 2040, or visit www.cedf.com for details. Payment may be sent to CEDF, 965 East Main Street, Meriden CT 06450-6006.