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  • Financial IQ - Preparing For Financing

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    Name: Financial IQ - Preparing For Financing
    Date: August 31, 2020
    Time: 7:00 PM - 8:30 PM EDT
    Registration: Register Now
    Event Description:


    The Greater Fayetteville Chamber is pleased to offer a series of training programs to help businesses improve their Financial IQ.
     
    Business owners will learn:
    • How to improve their credit scores
    • How to set and manage your budget
    • How to read a cash flow statement
    • How to manage inventory
    • How to get financing
    • Making your money work for you
     We are also offering an opportunity for participants to get a free consultation with an accountant to help navigate PPP and EIDL loan reporting requirements.
     
    1.       Financial Literacy Basics
    This course explains the concepts of financial literacy, project planning, and how to position yourself for growth. (introduces concepts of credit score, budget, cashflow, goal setting, and decision making)
     
    2.       Preparing for Financing
    This course assists the business owner/ entrepreneur in preparing to seek financing. In the course students explore credit score, asset assessment, corrective plans, bootstrapping, and financial accountability.

    3.       Understanding where the money goes.
    This course explains cash flow and its importance to a business’ survival.

    4.       Balance sheet and Income statement Basics
    This course explains the financial documents used to operate a business.

    5.       Improving Business Performance
    This course explores strategies to improve financial performance of the business utilizing financial performance ratios.
     
    Made possible through a grant from the City of Fayetteville’s COVID relief program.
    Location:
    These classes are offered Virtually
    Date/Time Information:
    Aug 31 7PM

    Preparing For Financing
    Contact Information:
    Fees/Admission:
    Classes are FREE
    P-registration is required
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