Are you wanting to better understand what your financial statements are telling you and feel more confident lodging your BAS? By attending this FREE workshop you will learn how to read and interpret your Profit & Loss and Balance Sheet, understand key financial terms, and gain clarity on your GST and BAS obligations so you can make informed business decisions.

Understanding your numbers is essential to running a successful small business. This practical workshop explains financial statements in plain English and breaks down the BAS process so you know what you are reporting, why it matters, and how it impacts your cash flow. Learn to appreciate how understanding your financial statements can help your business.

Outcome: Feel more confident interpreting your financial reports and meeting your BAS obligations.

Main Topics Covered:

This workshop focuses on helping small business owners understand business performance, meet compliance requirements, and use financial information to improve profitability and cash flow.

Key areas are:

Financial Terminology
Profit & Loss Statements
Gross Profit and Margins
Balance Sheets
Key Performance Indicators
GST Registration and Reporting
BAS Lodgement Requirements
PAYG and Super Obligations
Cash Flow Management

Suitable for: Small business owners, sole traders and start-ups who want to understand their financial statements, improve decision making, and ensure they are meeting their BAS and GST responsibilities correctly.

Note: Maximum of 2 bookings per business.

Presenter: Marita Plozza, Business Advisor from IPS Management Consultants.

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IPS Management Consultants is a provider of SBDC Regional services in the South West, Peel, Mid West/Gascoyne, Pilbara and Wheatbelt regions.

This SBDC Regional workshop is funded by the State Government through the Small Business Development Corporation.

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