The National Development Council (NDC) is partnering with the Illinois SBDC for the Metro East at Southern Illinois University Edwardsville to bring two valuable small business financial sessions to the area on Dec. 4 and 5.
On Wednesday, Dec. 4, local business owners and entrepreneurs throughout the region are invited to attend and participate in the financial workshop “Cash Management Basics” from 10 a.m.-1 p.m. at the East St. Louis Library, 5300 State St. in East St. Louis. To register for the free session, visit ilsbdc.ecenterdirect.com/events/31607
NDC staff will present a range of topics including:
- Tracking Financial Results
- Introduction to Financial Statements
- Budgeting and Projecting for Future Business plans
- Keeping Accounts Current and Tracking Results
On Thursday, Dec. 5, local business owners and entrepreneurs are also invited to attend and participate in the session “How to Get a Loan” from 10 a.m.-1 p.m. at the Granite City Library, 2001 Delmar Ave. in Granite City. To register for the free session, visit ilsbdc.ecenterdirect.com/events/31606. Topics will include:
- What Goes into a Loan Application?
- The 4 Cs of Credit
- Understanding Your Financial Statements, and the Importance of Maintaining Accurate and Current Financial Records
- Understanding Cash Flow Available for Debt Service
These are great opportunities for entrepreneurs and business owners to understand the importance of their financial spreadsheets, how to get funding and discover the valuable business resources offered by the SBDC and NDC.
“It truly takes a team effort to help small businesses to survive and thrive,” said SBDC Director Jo Ann Di Maggio May appreciates the NDC,
For more information, contact the IL SBDC for the Metro East at SIUE at 618-650-2929.
The SBDC for the Metro East assists entrepreneurs as well as existing business owners operating in the nine-county Metro East region of Calhoun, Jersey, Madison, Bond, Clinton, St. Clair, Washington, Monroe and Randolph. It enhances the region’s economic interests by providing one-stop assistance to individuals by means of counseling, training, research and advocacy for new ventures and existing small businesses.
SBDCs in Illinois are funded, in part, through a cooperative agreement among the U.S. Small Business Administration, Illinois Department of Commerce & Economic Opportunity and Southern Illinois University Edwardsville as a service to the community. To learn how these no-cost services may help your business venture, contact the Metro East SBDC at 618-650-2929 or sbdcedw@gmail.com.