Financial Accounting for Entrepreneurs 101

The moment you decide to register your business and make it all official a thousand questions arise. What legal form to choose and how to register a business? How to pay taxes and make the paperwork run smoothly? How to form a budget and manage the cash flow? How to insure and protect your business? How to do all of it as an expat or a local in the Czech Republic? 

Developing an idea into a profitable business is a complex and challenging task. It is hard to believe but many first-time entrepreneurs try to start their business without a proper budget and as a result, they often fail. Starting a company without legal and financial overview may lead to decisions that bring your business down from the start. In this workshop, you’ll gain a basic understanding of finance and accounting concepts to drive the success of your business.

Workshop agenda: 

18.00 - 18.30 - Networking and light refreshments 

18.30 - 18.45 - Introduction part

18.45 - 19.15 - Let’s talk about the budget. Theory & Practice.

19.15 - 19.45 - How to document your income, manage invoices and contracts in CZ and Europe

19.45 - 20.15 - All truth about taxes, social security payments, insurance and business expenses

20.15 - 20.45 - How to automate processes and make sure you are all covered 

Join this workshop and learn from Liz Lobo, an experienced Operations Manager with a focus on people and finance management. Driven by the desire to improve and optimize every process, she is helping businesses make informed decisions that lead to profit and growth. Liz currently leads Operations at MyStay and runs Taxelent, a Prague-based accounting company.

This event is for members of the Femme Palette community. If you are not a member yet, join the community here: https://www.facebook.com/groups/femmepalette