Becoming Bankable Series: Preparing to Access Capital
Session 1: Understanding and Improving Your Personal Financial Position | Tuesday, July 13 | 12:30p-2:30p During this workshop, participants will learn what it means to become bankable and how the personal finances of the entrepreneur are connected to the business. This session includes a deep dive into the components of a personal financial statement and why it is such a critical part of the funding package for small businesses. Attendees will also examine the debt to income ratio versus the debt service coverage, as well as, one’s personal credit score versus the business’ credit score. This interactive session will also allow participants to begin the process of developing their own personal and business budgets to form the foundation of their financial statements. Register for Session 1 here Session 2: Examining Your Business' Financial State and Needs for Growth | Wednesday, July 14 | 12:30p-2:30p During this session, participants gain insights into how to get their business finances in order including ensuring that your balance sheet, income statement, and statement of cash flows are accurate. Attendees will receive tips on accounting systems, banking, equity needs and other important aspects of becoming bankable. Participants will also learn how to examine the financial […]