More by This Author

The Key to Buying Music Product Inventory

Look around your store and what do you see? Too many guitars and amps, too few accessories, the wrong mix of print music, unrented band instruments...

Music By Numbers (90-Minute Lunch & Learn Session)*

If you can read music, you can certainly learn to read a financial statement. If you can read tab or follow a chord chart, you can easily read a...

What Is My Store Worth? A Quick & Easy Way To Valuing Music Stores

Given current economic conditions, every business owner needs to know the value of their business. Whether it’s for sale or acquisition, family...

Tough Times Require Tough Decisions

Presented by Alan Friedman and Daniel Jobe, Friedman, Kannenberg & Company, P.C. Regardless of what you hear on the...
State of the Industry Address (Summer NAMM 2010) thumbnail

State of the Industry Address (Summer NAMM 2010)

Joe Lamond & Guests We've all read about the changes in the U.S. and world economy, and there’s no escaping talk of the challenges that...

Math for Musicians: How to Read a Financial Statement (Part 1)

Location: NAMM Idea Center, Booth #5501 in Hall B
Time:
Fri January 15, 12:00 pm

Presented by Alan Friedman and Daniel Jobe, Friedman, Kannenberg & Company, PC

If you can read music, you can certainly learn to read a financial statement. If you can read tab or follow a chord chart, you can easily read a balance sheet and income statement. No financial report used in the running of your business is more important than a basic financial statement. Explained the right way, a financial statement can tell you how your business is doing and guide you if things are off-track. In today’s rough economy and competitive marketplace, generating a financial statement and knowing what to do with it is essential. Join music retailing accountants Alan Friedman and Daniel Jobe to gain the confidence to read a set of financial statements, make sense of them and know exactly what to do next.

*Attendees can join in for one or both parts of this session, beginning at 12 p.m. and 12:30 p.m.

 

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