Financial Boot Camp for Small Businesses WORKSHOP (Sponsored by: Friendly Hills Bank) (Week 2)
Financial Boot Camp For Small Businesses (Sponsored by Friendly Hills Bank and in partnership with SBDC) A 4-part intensive online workshop series for small business owners Only $20 for all 4 Workshops
Are you a small business owner who needs to better understand the financial health of your company? Do you receive financial statements from your accountant and not understand what those documents are telling you about the condition of your business? Do you need more information about how to secure a loan?
To answer these questions (and many more), the Whittier Chamber of Commerce, in partnership with the Long Beach Small Business Development Center (SBDC) and Corporate Sponsor Friendly Hills Bank, is offering a 4-part online workshop series, beginning Monday, May 16th.
Day 1: The Fundamentals of a Small Business Taught by SBDC business advisor, Steve Richardson In this workshop, Steve will outline how a small business works, focusing on People, Profit and Product.
Day 2: Understanding Your Financials
Taught by SBDC business advisor, Mike Huntley In this workshop, Mike will de-mystify the language of the 3 key financial statements (balance sheet, P&L, and cash flow). He will also de-mystify the language of accounting and bookkeeping and underscore why it is important and how it is 100% possible for every small business to understand all of these concepts.
Day 3: Securing A Loan Taught by SBDC business advisor, Max Ordonez In this workshop, Max will demonstrate how the material taught in the previous two workshops is critically important to being able to secure a loan (of any kind). Max will de-mystify the language of lending and clarify what steps need to be taken to identify the right type(s) of lender(s) for your particular needs.
Day 4: Live Q&A panel to address all that was discussed in the previous 3 workshops Attended by all of the above-mentioned business advisors and moderated by Long Beach SBDC director, Brad Pollak.