The typical objective of a business plan is to secure funds via a commercial loan, but how do you know you've got the information correct? Join Vince Haworth, retired banker with SBA's Capital Access Center, as he shares what bankers really look for in a business plan.
Join us on March 13th, 3-4p ET for a roundtable of experts on financing as we discuss the importance of working capital and how effective utilization of working capital can facilitate profitability and growth as well as enhance the global competitiveness of U.S. small businesses. This is free event is for businesses, banks, and […]
SCORE’s Acce$$ to Money will answer your questions on funding your business with over 30 entrepreneurial and finance experts from the Greater Kansas City metro. If you are early in the process, exploring options or ready to seek substantial funds for your business, this event is for you.
Do you ever feel overwhelmed by financial terms like "balance sheet" or "income statement"? This introductory session, designed specifically for those new to accounting, is the perfect starting point. By gaining a grasp of financial cornerstones, you'll be well-equipped to make informed decisions that contribute to the success and growth of your business.
Learn how to understand, create and use your financial statements · Understanding Financial Statements: o Introduces the three main financial statements: the Income Statement (Profit and Loss), Balance Sheet and Cash Flow Statement. o Explains their purposes: showing profitability, financial position, and available cash o Importance in decision-making, tracking performance, and securing investments. · Income: […]
Learn about the many sources of funding your business. Traditional Loans: Overview of bank loans, lines of credit, and Small Business Administration (SBA) loans. What does a bank look for in a potential borrower? Equity Financing: Definition and examples (angel investors, venture capital). How does it work: selling ownership stakes in exchange for capital. Pros […]
