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UNDERSTANDING YOUR BUSINESS FINANCIALS

Enterprise Center at Salem State University
121 Loring Ave | Salem, MA, 01970

April 25, 2018 @ 8:30 am - 10:30 am

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Learn how much money your business must have to (a) launch itself, (b) sustain itself and (c) grow.  Define the difference between costs and income. Identify how much capital you really need.  Better understand ‘cashflow’ and how it impacts your operations.  A business must be able to project what it needs for income, to operate and break even, and then what it needs for cashflow to become profitable.

Speaker: Paul Simms, Senior Vice President, First Ipswich Bank

The Business Plan Program and Competition workshops are a series of monthly opportunities for business owners to learn key components of writing successful business plans.  This series is developed for people who are thinking of planning to participate in the competition in December 2018 but it is open to all who are interested.  These are stand-alone workshops and do not need to be taken in order.

Details

Date:
April 25, 2018
Time:
8:30 am - 10:30 am
Event Categories:
,

Organizer

Enterprise Center
Phone:
978 542 7528
Website:
www.enterprisectr.org

Other

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Paul Simms

Venue

Enterprise Center at Salem State University
121 Loring Ave
Salem, MA 01970 United States
+ Google Map
Phone:
978-542-7528
Website:
http://enterprisectr.org

Presenters

Paul Simms


Paul R. Simms, Senior Vice President, First Ipswich Bank Commercial Lending
Paul R. Simms is First Ipswich Bank’s Commercial Lending team Senior Vice President. Paul joined First Ipswich in 2012 with over 30 years of commercial lending experience. He has a significant background in Commercial and CRE lending and is a valuable asset to First Ipswich Bank.

Paul was previously Vice President of Commercial Real Estate Lending at NorthEast Community Bank as well as Assistant Vice President, Commercial Lending with Stoneham Savings Bank, and Northern Bank. He was also a Vice President and Senior Loan Officer at Beverly National Bank. Paul earned his Bachelor of Science in Business from the University of Massachusetts. He is an active member of the Peabody Area Chamber of Commerce.