About this Event
Session # 1: 9:40 am – 10:35 am
Banking: Past, Present, and Future of Business Banking
Presenter: Finalizing Details - TBD
Certainly, we have witnessed the changes in the banking world. Banking today looks nothing like it did just a few years ago, and we are assured it will continue to change. Learn from an industry professional who has witnessed these changes firsthand and what he sees happening in the future.
Session # 2: 10:45 – 11:20 am
Don’t Be Afraid of Finances: It’s the Lifeblood of Your Business
Presenter: Ted A. Baker, CEO, Muncie Innovation Connector, Inc.
Most people fear things they do not understand. As a business owner, don’t allow this to apply to your business’s finances. Based on the popular program, Business Health Check, attendees will learn step by step how to understand and evaluate the health and wellness of their businesses.
Session # 3: 11:30 am – 12:30 pm
Profit Is an Opinion. Cash Is a Fact! Understanding Cash Flow and Why Profitable Businesses Still Fail
Presenter: Finalizing Details - TBD
You can have increasing sales, satisfied customers, and even a profitable business, and still run out of money! Cash flow is so vitally important for every business, yet it remains one of the most misunderstood aspects of business ownership. This engaging session will help entrepreneurs understand the critical difference between profit and cash flow, recognize the warning signs of financial trouble, and discover practical strategies for keeping cash flowing. Learn why making money and having money are two very different things, and how mastering both can make the difference between business survival and long-term success.
Lunch & Networking 12:30 pm – 1:00 pm
Session #4: 1:00 pm – 1:55 pm
The Seven Myths of Financial Documentation and Recordkeeping
Presenters: Lori Albert, Financial Director, Muncie Innovation Connector, Inc., and Amy Barnhiser, CPA, Whitinger & Company
This presentation is much more than a discussion about bookkeeping, receipts, and financial statements. It will challenge how entrepreneurs and business owners think about their financial information and spark a conversation about how what you don't know about your business finances can hurt you, and how what you don't document can cost you money. The central message of this session is: Financial recordkeeping isn't just about documenting where your money went. It's about understanding where your business is going."
Session # 5: 2:05 pm – 2:55 pm
Peer Perspectives Panel Discussion: Real-World Financial Intelligence
Facilitator: Frank Scott II
Panelists:
- Lorraine Tomlin, Senior Vice-President, Prime Trust Federal Credit Union, Muncie
- Bernisa Elliott, Owner, B’s Beauty Supply LLC & Elliott Property Rentals, Muncie
- Jennifer Hall, Executive Director, Bankable, Anderson
- Mike Martin, CEO, The Common Market, Muncie
Hear how experienced business leaders manage their financial situations and challenges to impact their organizations and the businesses they serve.
Event venue & nearby stays
Innovation Connector, 1208 West White River Boulevard, Muncie, United States