Monday, October 16, 2023

The Bronx Chamber of Commerce - Understanding Your Credit, 10/18/2023, 8:30am - virtual

 


Join the Bronx Chamber of Commerce and Bank of America and learn how to get your business' financial house in order. During the virtual workshop you will learn:


Building a financial foundation


Gain an understanding of personal banking, money management and credit as it serves as the basis for learning about running a small business.

 

  •   Banking terms and processes
  •   Budgeting, saving and managing debt
  •   How to build credit
  •   Separating personal and business finances


Starting a small business


Learn the key components that go into launching or growing a small business, including how to build an entrepreneurial mindset and the elements of creating a business plan.


  •   Important considerations before starting a small business
  •   Components of a business plan
  •   Strategies for boosting cash flow
  •   Ways to network and promote your small business


Growing your small business


Understand the main elements of ongoing business-related finances as well as discuss common reasons why small businesses fail and how to help set yourself up for success.


  •   Budgeting, borrowing, saving and managing debt
  •   Building resiliency and navigating the current times
  •   Using digital solutions
  •   Establishing a small business emergency fund



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