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By Michael Souza
PBN Staff Writer
TAUNTON - The South Eastern Economic Development Corporation and Rockland Trust Community Development Corporation will be holding two basic business workshops in Brockton, Mass., aimed at assisting potential and existing entrepreneurs. The first sessions of the year for both workshops will be held at the Metro South Chamber of Commerce, 60 School St., Brockton, on Thursday, Jan. 12, 2012.
The first of these free workshops - part of ongoing workshops that SEED presents - “Learn the Fundamentals in Planning, Preparing and Financing Your Business,” is designed to help entrepreneurs evaluate and understand the fundamentals of owning a business, including information on how to get started, where and how to get financing, and navigating the loan application process. Attendees will be provided with a guide to writing a business plan and other materials. The workshop will be held from 9 a.m. to noon. Registration begins at 8:30 a.m., and breakfast and lunch will be provided.
The second workshop, “Understanding the Purpose of Financial Statements and How They Can Help Determine the Health of Your Business,” will be held from 1 to 4 p.m. The class will help attendees understand a balance sheet, income statement and cash flow statement. It will also discuss how small business owners can anticipate financial needs to operate more efficiently.
The workshops are held in cooperation with the U.S. Small Business Administration, Metro South Chamber of Commerce, the Massachusetts Small Business Development Center, the city of Brockton, Brockton 21st Century Corporation and SCORE, counselors to America’s small business. Those interested can call SEED at (508) 822-1020 to register.
On Feb. 16, the two-part workshop will be held at the Johnson & Wales Culinary Arts Museum, 315 Harborside Blvd., Providence. The next workshop is scheduled for Thursday, March 15, 2012, at the Cape Cod Five Cents Savings Bank, 171 Falmouth Road, Hyannis, Mass. In April, the workshop will be held on Martha’s Vineyard, at a time and location to be announced.
SEED is a nonprofit organization certified by the SBA and designated as an intermediary under the SBA’s microloan program, designed to provide loans to new and existing business owners in amounts up to $50,000. It also offers a full range of financing programs, providing loans up to $5.5 million to assist small businesses.