(441) 292-5570
48 Church Street, Hamilton Bermuda
48 Church Street, Hamilton Bermuda

Financials 101 Course to Elevate Small and Medium-Sized Businesses

Financials 101 Course to Elevate Small and Medium-Sized Businesses

Hamilton, Bermuda 4 September 2023 – The Bermuda Economic Development Corporation (BEDC), in partnership with Abacus, is hosting an eight-week course called “Financials 101.” This course is aimed at helping small and medium-sized business owners get better at handling their finances. The course will run from September 14th to November 2nd and will be held every Thursday from 6pm to 8:15pm at the BEDC Main Office on the 1st Floor of Sofia House, 48 Church Street, Hamilton.

Lennox Cumberbatch, the Director of Accounting Services at Abacus, says, “We’re thrilled to collaborate with BEDC to deliver a course that can transform the way business owners approach their finances. Understanding the numbers is essential for any successful business, and this course aims to make that easier than ever.”

The course will cover important topics such as basic financial planning, how to read financial statements, and how to set the right prices for your products. It’s designed for people who already have a business but need help with managing their money, understanding accounting, and using QuickBooks accounting software. The course will start with an introduction and then move on to specific topics week by week. This includes learning about costs, cash flow, income statements, and balance sheets, as well as how to use QuickBooks for different tasks in your business.

People taking the course should already have QuickBooks Online Software, although help will be available in the class for those who need it. The cost of the software is not included in the course fee of $395.

Seats are limited, so be sure to register soon by visiting www.bedc.bm, calling 292-5570 or emailing info@bedc.bm.

About BEDC

Bermuda Economic Development Corporation (BEDC) is Bermuda’s premier source of free confidential business advice for entrepreneurs. The mission is to serve Bermuda’s local business community with the highest degree of professionalism by providing, authoritative business advice, counsel and loan guarantee support. Bermuda Business Starts Here! For more information visit www.bedc.bm.

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