NAMM U Sessions - Finance

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 & Daniel Jobe as they not only explain the basics of reading financial statements, but introduce you to other retailers who’ve used financial statements to bring their businesses back from the brink of failure.

This session will give you the opportunity to ask lots of questions and 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, two, or all three parts of this session, beginning every 30 minutes

In the current market economy, successful businesses need to do things differently in order to survive and flourish. What can a music retailer do that will have the greatest positive impact now, while building a foundation for the recovery? How can you plan for growth vs. stagnation—or worse? Join us for a strong dose of Uncommon Sense In Uncommon Times.