Mastering Your Startup Finances

Financial success starts with understanding the key numbers that drive your business. In this training, you’ll learn the difference between revenue, profit, and cash flow—and why each tells a unique story about your business’s health. We’ll walk through simple ways to budget and track your costs, including a practical Excel template you can use right away. You’ll also uncover some of the most common financial pitfalls that trip up small business owners and how to steer clear of them. By building stronger financial habits, you’ll gain the clarity and confidence to make smarter business decisions. This session is ideal for entrepreneurs who want to take control of their finances and plan for long-term growth.

• Learn the difference between revenue, profit and cash flow
• Simple ways to budget and track your costs (where we could provide a simple excel sheet)
• Common financial pitfalls and how to avoid them

Dereck Barrett is a business advisor and entrepreneur with over 20 years of experience in business planning, financing, and growth strategy.

After graduating from the University of Nevada, Reno, he began his career in banking sales, earning national recognition as a top performer.

In 2004, he co-founded and financed his first physical therapy clinic in Southern California. Later he and his wife returned to Reno, purchased a commercial building and started another physical therapy clinic. Dereck expanded the practice to multiple clinics locations and was the market leader before selling his majority interest.

While expanding the practice, Dereck became a commercial real estate broker and has worked in that capacity for the last 7yrs.

He attributes his life’s professional success to entrepreneurship and sincerely loves helping guide entrepreneurs through the challenges of launching, financing, and scaling their companies.