By Michael Souza
PBN Staff Writer
TAUNTON – The South Eastern Economic Development Corp. will hold free basic business workshops throughout the region this fall and winter to assist potential and existing entrepreneurs. The workshops are co-sponsored by local banks and credit unions, the Small Business Development Center Network, local community and economic development organizations, chambers of commerce, SCORE and the U.S. Small Business Administration.
The first of these workshops entitled “Learn the Fundamentals in Planning, Preparing and Financing Your Business” is geared toward helping potential entrepreneurs evaluate and understand the fundamentals of owning one's own business. Information on how to get started, where and how to get financing and the loan application process will be presented. As if that isn’t enough, attendees will also be provided with a free guide to writing a business plan and other materials, and breakfast and lunch will be provided free of charge.
The second workshop, entitled “Understanding the Purpose of Financial Statements and How They Can Help Determine the Health of Your Business,” focuses on helping attendees understand a balance sheet, income statement, and cash flow statement. The workshop also explains how a small business owner can anticipate financial needs in order to operate their business more efficiently.
The following is a list of dates and locations for SEED's upcoming workshops:
SEED is a nonprofit organization certified by the SBA and designated as an Intermediary under the SBA’s Microloan Program. This program is designed to provide loans to new and existing business owners in amounts up to $50,000. As a regional economic development organization, SEED also offers a full range of financing programs providing loans up to $5.5 million to assist small businesses to grow and create jobs throughout Massachusetts and Rhode Island.