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Training Series: Accounting Magic to Get Investment Ready
November 9 @ 5:30 pm - 8:00 pm
Are you a small business owner with big dreams? Do you aspire to secure financing to take your business to the next level? If so, it’s time to master the art of accounting and make your business investment-ready!
In today’s competitive business landscape, being “bankable” is essential. Whether you’re seeking a traditional bank loan, pursuing venture capital or exploring alternative financing options, your financial foundation must be strong, transparent and compelling.
This TechTown Detroit Training Series, offered in partnership with the Detroit Neighborhood Entrepreneurs Project, is designed to equip small business owners with the knowledge, tools and strategies needed to attract investment and secure the capital required for growth.
By the end of this workshop, you will have the financial prowess and confidence to make your business investment-ready. You’ll be well equipped to attract potential investors, secure financing and turn your business dreams into a reality!
What will be covered:
- Unraveling financial jargon: Learn to decipher complex financial terminology and concepts, making them accessible and actionable for your business.
- Financial Health Check-Up: You’ll learn how to conduct a comprehensive assessment of your business’s financial health, as well as identify areas that require improvement to become more attractive to potential investors.
- Preparing financial statements: Learn how to master the art of creating impeccable financial statements that tell a compelling story about your business’s past, present and future. You’ll also learn how to gain insights into balance sheets, income statements and cash flow statements.
- Budgeting and forecasting: You’ll receive tips on developing realistic and data-driven budgets and forecasts that demonstrate your ability to manage finances responsibly and achieve growth.
- Understanding investor expectations: Get inside the minds of potential investors to understand what they’re looking for in an investment-ready business. You’ll also learn how to navigate the nuances of different financing options, from traditional loans to venture capital and more.
- Interactive workshops and case studies: Engage in firsthand exercises, real-life case studies and interactive discussions to apply your newfound knowledge.
- Expert guidance: Benefit from the insights and guidance of seasoned financial experts and industry professionals.
Who should attend:
Small business owners and entrepreneurs looking to secure financing
Business managers and financial professionals seeking to enhance their financial skills
Anyone interested in understanding the intricacies of making a business investment-ready
This workshop is made possible with support from Ally, Bank of America, New Economy Initiative, the Ralph C. Wilson, Jr. Foundation and Verizon.