Training

Interested in starting a business or expanding an existing business? Need financial assistance? This workshop will address these issues by providing information on determining money needs, SBA loans, venture capital, working with local banks, use of a business plan to secure financing, and services provided by the Small Business Development Center.

Instructor: Maggie Osmulski

Fee: $60

Code: 0217

Register: Call (732) 842-8685 or Register Online for Brookdale Community College.

If you are a New Jersey entrepreneur who is planning to start or has recently started a small business, this course is for you! Become more knowledgeable about the different types of business entities available along with their legal/tax implications. Learn how to register a business, examine setting up bookkeeping records, taxation, and understanding financial statements, money needs, payroll, insurance, and licensing. Do you have pressing start-up questions? Get answers at this workshop, register today!

Instructor: Dr. Jackeline Mejias-Fuertes

Even the most skeptical banker can be persuaded positively with a convincing business plan. Comprehensive plans include sales forecasts, market identification, resources, personnel, cash flow, and income projections. Learn how your finished plan should look, what’s to be included, which language to use and what information to present and in what format your plans are clearly convincing.

Instructor: Paul Rinaldi

As many small business owners already know, there are a lot of different aspects to consider and manage while running a successful business in the current market economy. For business owners without a financial background, the challenge of business ownership is an even more difficult undertaking. They experience missed opportunities caused by a lack of information, minimizing their potential business success. Also, in light of the Equifax data breach in 2017, establishing information security has become a priority for small business owners as well. This fully virtual clinic presents small business owners with the chance to interactively learn about a variety of tools to help foster growth and safeguard their businesses.

This two-day online “boot camp” is comprised of 3 modules focused on managing finances, forecasting sales projections, and understanding and improving business credit. It also addresses the importance of understanding and modeling financial information, which can support non-financial business owners as they strive for new levels of success.

SCHEDULE:

• PART 1: Tuesday, October 18, 2022 | 5:00pm-6:30pm
• PART 2: Wednesday, October 19, 2022 | 5:00pm-6:30pm

During each 90-minute module, the included learning objectives will target actionable and achievable outcomes. Handouts will be provided to assist in implementing the tactics reviewed during each presentation. Interactive components will be included during the computer sessions to provide participants with hands-on experience using Excel and navigating the Federal Trade Commission website.

Module 1 – “Managing Your Small Business Finances”

(1.5 Hours – Lecture)

Financials can be intimidating, even for seasoned entrepreneurs and understanding how to use them when setting up your business for success is achievable with the right tools.

Learning Objectives

• Understand the financial planning cycle framework for your business
• Understand the basics of financial statements and profitability measures
• Understand financial statements used to analyze your company’s financial health
• Know your recordkeeping requirements for the new year

Module 2 – “Forecasting Your Sales Projections”

(1.5 Hours – Lecture)

Financial modeling can help you predict up to three years of sales figures, which may be of interest to bankers and other investors . Throughout this module, you will learn how to make accurate projections and necessary adjustments.

Learning Objectives

• Understand financial modeling in order to predict your sales
• How to forecast your sales

Module 3 – “Building & Improving Your Business Credit”

(1.5 Hours – Lecture)

Establishing personal credit is the foundation for building business credit. With the recent Equifax breach, it is more important than ever to understand your personal credit so that you can develop a business credit file.

Learning Objectives

• Identify products, tools, and services available for a small business
• Strategies to build or improve credit
• Explain how personal finances impacts a business’ ability to get credit
• Understand how credit reporting affects the growth of a small business
• Identify credit reports and reporting systems used to assess credit risk
• Explain how credit reports work

Brick & Mortar is not dead, but it has changed and will likely never be the same. Many small businesses still need some type of physical location but what does that look like today and in the future? This session covers basic and advanced topics for leasing commercial space and also addresses changes we have seen as a result of the pandemic. There are very important questions a consultant should be asking which will set you up for success when helping clients navigate the process of securing the ideal location for their business post-pandemic and for many years to come.

Presenter: Becky Brownlee, UGA SBDC

Instructor: Paul Rinaldi

4 sessions – 3.75 hours each (Saturday, Oct. 22, Oct. 29, Nov. 5, Nov. 19)

Fee: No Cost

If you are a New Jersey entrepreneur who is planning to start or has recently started a small business, this course is for you! Become more knowledgeable about the different types of business entities available along with their legal/tax implications. Learn how to register a business, examine setting up bookkeeping records, taxation, and understanding financial statements, money needs, payroll, insurance, and licensing. Do you have pressing start-up questions? Get answers at this workshop, register today!

Instructor: Dr. Jackeline Mejias-Fuertes

Even the most skeptical banker can be persuaded positively with a convincing business plan. Comprehensive plans include sales forecasts, market identification, resources, personnel, cash flow, and income projections. Learn how your finished plan should look, what’s to be included, which language to use and what information to present and in what format your plans are clearly convincing.

Instructor: Paul Rinaldi

Interested in starting a business or expanding an existing business? Need financial assistance? This workshop will address these issues by providing information on determining money needs, SBA loans, venture capital, working with local banks, use of a business plan to secure financing, and services provided by the Small Business Development Center.

Instructor: Maggie Osmulski

Fee: $60

Code: 0217

Register: Call (732) 842-8685 or Register Online for Brookdale Community College.