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Florence business owners invited to learn cash flow basics in live online workshop on Friday, May 8

Florence, South Carolina – A live online workshop aimed at helping new and aspiring business owners understand the money behind their ideas will take place on May 8, 2026, offering a practical look at what it takes to build a stronger financial plan before a company grows too far, too fast.

The SCORE Start-Up Business Financial Plan Workshop is scheduled to begin at 10:00 a.m. EDT and will run for about two hours.

The cost to participate is $10!

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The session is designed for entrepreneurs who want a clearer view of whether their business concept can become profitable, and what financial details must be considered before important decisions are made.

At the heart of the workshop is one simple but critical idea: a business needs more than a good product or service to survive.

It also needs a clear understanding of costs, expenses, revenue, and cash movement. Participants will learn which expenses should be included in profit and loss calculations, giving them a better picture of how their business could perform in the real world.

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The program will also focus on cash flow forecasting, a key part of keeping a company alive beyond its early excitement.

Maintaining positive cash flow is often one of the most important factors in long-term business stability, especially for startups that may face unpredictable sales, upfront costs, or delays between earning revenue and receiving payment.

During the workshop, attendees will be shown how several basic financial elements connect with one another, including the income statement, balance sheet, cash flow, and sales forecast.

Together, these pieces help business owners understand profit and loss, assets and liabilities, and the financial direction of their enterprise.

The session will be led by Peter Hildebrandt, a serial entrepreneur and product development professional with experience across a wide range of industries. His startup background includes 3D molecular modeling, weather forecasting, gourmet brownies, photo processing software, and other ventures.

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From 2000 until 2013, Hildebrandt was responsible for long-range research, product development, product marketing, and intellectual property for a division of Steelcase, a Fortune 500 company.

He now owns Aria Lights, a manufacturing business that makes music stand lights for professional musicians, and Covetability, a consulting practice that helps companies choose the right products to build.

For entrepreneurs still shaping their ideas, the workshop offers a chance to slow down, look closely at the numbers, and understand how a strong financial plan can support a stronger business future.

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Kinsley Brown
Kinsley Brown
Editor Kinsley Brown oversees daily news operations, story development, and editorial standards at Florence News Journal. With nearly a decade of experience in South Carolina journalism, she has covered state and local politics, education, and government accountability for multiple outlets. She brings a strong focus on clear, accurate, and reader-first storytelling. Kinsley holds a degree in journalism and has received several recognitions for both her editing and reporting. She is especially committed to mentoring emerging journalists and ensuring Florence News Journal maintains rigorous editorial integrity.

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