Learn how to identify and organize the everyday expenses required to operate your business.
This event has ended.
asic Financials for Business (BFFB) is a four-session program designed to help small business owners strengthen their financial knowledge and make more informed business decisions. Through a practical curriculum, participants build skills in calculating labor costs, understanding inventory and cost of goods, organizing operational expenses, and interpreting Profit & Loss statements.
This session focuses on operational expenses, the day-to-day costs required to keep a business running. Participants will learn how to identify and categorize common operating expenses such as rent, utilities, marketing, professional services, and other recurring costs.
Understanding operational expenses allows business owners to better manage cash flow, control costs, and maintain financial stability. By organizing these expenses clearly, entrepreneurs gain a stronger view of where their money is going and how those expenses affect overall profitability.
Who Should Attend
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Small business owners managing day-to-day operations
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Entrepreneurs seeking better control of business expenses
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Operators working to improve financial organization
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Participants enrolled in the Basic Financials for Business program
About the Organization
The Greater Englewood Chamber of Commerce supports entrepreneurs and small businesses in Chicago’s Englewood community through training, business advising, and strategic partnerships. The organization works to strengthen local businesses, expand economic opportunities, and foster sustainable growth across the neighborhood by connecting business owners with the resources, knowledge, and networks they need to succeed.
