Entrepreneurs who gauge business success by the amount of money in their checkbook are setting themselves up for failure and missing out on tools that can help them grow their business. Financial statements, easily created by standard bookkeeping systems, can provide financial snapshots, warnings about upcoming cash shortages, and rearview-mirror looks at past successes and failures that often indicate a path for the future. It doesn’t take an MBA to understand how to generate and navigate financial statements. But where does a business owner obtain the basic knowledge that can help her build a financial foundation?
Business development organizations have become adept at offering online workshops and webinars, often during lunch or evening hours when owners are less mired in the details of running their business. These are a few of the upcoming free opportunities for business owners to expand their financial and business knowledge—and do so from the comfort of their office or home.
Offered by WESST:
- Budgeting and Credit—More Important than Ever: April 22 from 12:00-1:00 pm
- Avoiding the Payday Loan Trap: April 27 from 5:30-7:00 pm
- Basic Business Bookkeeping: May 12 from 12:00-1:30 pm
- Exploring QuickBooks: May 26 from 12:00-1:30 pm
Offered by LiftFund:
- How Businesses Obtain Credit: April 28 from 11:00 am -12:30 pm
- Financing Your Small Business in 2021: May 5 from 12:00-1:00 pm (repeats June 2)
- Business Banking: May 12 from 11:00 am -12:30 pm
Ready to access capital to grow your business? Invest an hour or less of your time to watch this on-demand webinar about the basics of borrowing, courtesy of the New Mexico Small Business Development Center and The Loan Fund, a nonprofit lender that helps New Mexico businesses access capital. Watch it here.
