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Understanding financial statements was the topic of discussion during the latest Chippewa County Economic Development Corporation (CCEDC) business retention event. 

The event agenda included: the purpose of, balance sheets and financial (income, profit and loss, and cash flow) statements. Dave Kochendorfer of Achieve Results led the discussion and reviewed business financial statements and provided scenarios for attendees to review the function of each statement, and how the results impact your business strategy.  Kochendorfer also shared information on investing, budgeting and planning, and financing. 

The event was held on March 28, in partnership with the Stanley Business Association at the Stanley Historical Society. This event is offered as part of the CCEDC Business Retention program to promote business growth in the Chippewa Valley. If you are interested in learning more about the CCEDC Business Retention programs contact Charlie Walker at 715-723-7150. 

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