Small Business Financial Training Opportunity- After a challenging year for many entrepreneurs and small businesses the Small Business Development Center, Nampa’s Chamber of Commerce and the Economic Development Department are providing a financial fitness training. The training will provide tools and information on how financials are critical to your businesses success. The training is free for participants on June 16, 7:30-9:00 AM at the Nampa Development Services Center at 500 12th Street South
Small Business Workshop Agenda
7:30-7:45 Welcome and Introductions
7:45- 8:10 Panel Discussion -
What does Bank look for in financials when looking for lending?
What are different lending options banks have for small business?
What piece of advice do you have for businesses tracking their finances?
What do you have in place to make sure your business can operate?
How do I pay my employees to stay?
How often do you monitor your profit? Why is this important? What can you do fix it if you are not making a profit
8:10- 8:20 Panel Q&A with Participants
8:20-8:50 Tools and Resources
What is the difference between Cash Flow and Profit?
Examples of and Income Statement, Cash Flow and Balance Sheets