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Bookkeeping Basics for Business Owners

Are you ready to take control of your business finances and make informed decisions with confidence?

Join our 4-Part (In Person) Series: Bookkeeping Basics for Business Owners, designed to provide a comprehensive and practical guide to managing your books like a pro. Perfect for business owners, entrepreneurs, or anyone looking to enhance their financial knowledge!

Week One: March 5

  • Understanding the Bookkeeping Process
  • Setting up a Bookkeeping System
  • Creating a Chart of Accounts
  • Cash Method vs Accrual Method

Week Two: March 12

  • Breaking Down Revenue vs Expense
  • Assets, Liabilities, and Equity
  • Debits vs Credits
  • Recording Transactions and Payroll

Week Three: March 19

  • Preferred Methods of Accounting
  • Logging Accounts Receivables
  • Logging Accounts Payables
  • Depreciation and Amortization

Week Four: March 26

  • Paying Employees vs Paying Owners
  • Journal Entries
  • Closing the Books
  • Understanding Financial Statements

For more information, please email training@iesmallbusiness.org.

Date

Mar 05 2025
Expired!

Time

10:00 am - 12:00 pm

More Info

Register Here

Location

Entrepreneurial Resource Center - San Bernardino
330 N D St 5th Floor San Bernardino, CA 92408
Register Here

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Bookkeeping Basics for Business Owners

Mike Daniel is the network director of the Orange County Inland Empire SBDC Network, which assists aspiring entrepreneurs and current business owners throughout Orange, San Bernardino and Riverside counties. Mike was formerly the director of the SBDC office at Long Beach City College. As business owner and entrepreneur himself, he started his career as the owner of a Rocky Mountain Chocolate Factory location in Manhattan Beach and went on to open a second location in Long Beach in 2001. In 2007, Mike sold the Manhattan Beach store for an above-market offer then invested in several additional locations as a minority shareholder. Mike further expanded his candy empire with venture located in Shoreline Village in Long Beach called Sugar Daddies Sweet Shoppe, based on fill-it yourself candy options.

Mike has a bachelor’s degree in Business Administration from California State University, Fullerton.