This workshop is designed to help established small business owners better understand how lenders evaluate loan applications and prepare to access capital. Participants will learn: Why personal credit plays a critical role in business financing How lenders look at your finances How underwriters assess cash flow The session will also provide an overview of available...
Whether it’s seen as an opportunity or a problem, money is needed by all businesses to run. As a business owner, you need to know how to use money in ways that help you and not hurt you. In Session 4, we will cover • Simple budgeting to help you maximize saving and manage...
Committing to keeping accurate records of all sales and expenses is the foundation for ensuring your business’ future success. Written transactions serve as a documented history of your business’ daily performance. Moreover, these records are then combined at key moments of each year to present an overall picture of your business’ financial health. This session...
Session Six is the last session of LAEDA’s Turning Your Hobby into a Business, and the class where you get to showcase your talent! Applying everything learned in the previous five sessions, each student gets the opportunity to pitch their business. The pitch is a “show and tell” way to both market your product or...
The pathway from “creating for fun” to “creating for business” is anything but straightforward, but LAEDA is here to help you navigate the swerves and curves. One part of the journey is transitioning from designing & creating for friends to producing for customers beyond your inner circle. We recommend that you attend all 6 seminars...
The LAEDA Quick Start Series is a 5-part series that provides a great opportunity for individuals who wish to learn how to start a business and for more experienced business owners wishing to learn best practices in operating a business. Topics included in the series: Writing a Business Plan, Marketing Your Business and Credit Management....
Unit 2 of the Quick Start Series is focused on the importance of a business plan. Whether you’re a seasoned business owner or just starting out, having a Business Plan to guide your efforts is priceless. Business Plan I outlines the various parts of the business plan and its role in applying for financing to...
Unit 3 of the Quick Start Series continues the conversation around creating a business plan. We will continuing covering the business plan -Creating a Plan of Action- Business Plan II. What are your true operating costs, what are you really selling, do you have a personnel plan? You’ll be amazed by what you’ll learn about...
Unit 4 of the Quick Start Series is focused on understanding your customer and how your product or services meets their needs. Are your marketing efforts communicating your message to your customers? Are you even fishing in the right pond? Marketing Your Business takes you through the basics of marketing, developing a marketing message and...
Unit 5 of the Quick Start Series focuses on the role personal credit plays in starting and growing a business. Having good credit can mean the difference between success or failure for a business. Without it you can’t sign a lease, get terms with your suppliers and of course get a loan. During this seminar...
