Becoming Bankable

Topic: Financing

Becoming bankable is an important step to not only manage your cash, but also position yourself for funding. In this workshop, we will be joined by a senior banking executive who will take you through the steps to becoming bankable.

This session will cover:

  • Writing a quality business plan
  • Understanding the credit rating process-knowing your credit score
  • Qualified to do business with a bank of choice-Banking criteria for membership
  • Showing a significant personal investment in your business-“Skin in the Game”
  • At the end of the day-how will the business owner payback the lender
  • Understanding-Credit, Conditions, Collateral, Commitment, Character, Capital, Capacity and Cashflow.

Fee: No Cost

Click here to Register Online

Becoming Bankable

Topic: Financing

Becoming bankable is an important step to not only manage your cash, but also position yourself for funding. In this workshop, we will be joined by a senior banking executive who will take you through the steps to becoming bankable.

This session will cover:

  • Writing a quality business plan
  • Understanding the credit rating process-knowing your credit score
  • Qualified to do business with a bank of choice-Banking criteria for membership
  • Showing a significant personal investment in your business-“Skin in the Game”
  • At the end of the day-how will the business owner payback the lender
  • Understanding-Credit, Conditions, Collateral, Commitment, Character, Capital, Capacity and Cashflow

Fee: No Cost

Click here to register online

Restaurant Revitalization Fund (RRF) Workshop

Topic: Financing

The American Rescue Plan Act established the Restaurant Revitalization Fund (RRF) to provide funding to help restaurants and other eligible businesses keep their doors open. This program will provide restaurants with funding equal to their pandemic-related revenue loss up to $10 million per business and no more than $5 million per physical location. Recipients are not required to repay the funding as long as funds are used for eligible uses no later than March 11, 2023.

Join us for webinars to learn about the program. Program eligibility includes:

  • Restaurants
  • Food stands/trucks/carts, caterers
  • Bars, saloons
  • Other similar places of business

The webinars will provide preliminary and preparatory information for these entities mentioned.

Fee: No Cost

Click here to Register Online

EIDL & PPP Tips and FAQs

Are you thinking about applying to SBA EIDL? Are you not sure if you are eligible and how to use the funds once they are received? This webinar will answer some of the most frequently asked questions about the program and assist with tips on how to have your business’ application approved the first time.

Fee: No Cost

Click here to Register Online

 

EIDL & PPP Overview

Topic: Financing

This presentation provides a general overview of the programs the SBA is administering related to provisions in the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues (the Economic Aid Act) and American Rescue Plan Acts.

In the event of any inconsistency between this presentation and the PPP Extension Act of 2021, American Rescue Plan Act, the Economic Aid Act, the PPP Flexibility Act of 2020, the CARES Act, PPP IFRs, SBA FAQs, PPP Application Forms and Instructions, and other PPP guidance (together, official guidance), the official guidance governs.

Fee: No Cost

Click here to Register Online

Extra Credit Grant Information Webinar

Most NC families with children are eligible for a $335 COVID-19 relief payment. If you haven’t already received your $335 check, you have another chance to apply through May 31, 2021!

Have questions about whether you qualify and how you can receive your payment?

Sign up to attend the final Extra Credit Grant (ECG) Program Informational Seminar


Download Invitation flyer

Click here to watch a brief video that provides straightforward guidance on the application requirements.

Accessing Capital & Financial Resiliency for Sustainability

Hosted by The Women’s Business Center of Charlotte.

Topic: Accessing Capital & Financial Resiliency for Sustainability

In this session Small Business owners will learn about the Do’s and Don’ts; Pivot Strategies; Financial Resilience while gaining momentum.

• Preparation Tips & Strategies For Lending
• How to Obtain Financial Resiliency

• Mastering The Numbers in Your Business for Business Success

• Comprehending the Data that affects the Small Business Market

 

Speaker: Angelica Diaz

Click here to register.

2021 Game Changer Program

The Women’s Business Center of Charlotte is offering 2021 GAME CHANGER ~ Leading Capacity Building Program scholarship valued at $1500 all interested applicants  

Session Dates:

1/12/2021; 1/26/2021; 2/9/2021; 2/23/2021; 3/9/2021; 3/23/2021; 4/6/2021; 4/20/2021; 5/4/2021/ 5/18/2021; 6/1/2021; 6/15/2021/ 7/6/2021; 7/20/2021; 8/3/2021; 8/17/2021; 8/31/2021; 9/14/2021; 9/28/2021; 10/12/2021; 10/26/2021; 11/2/2021; 11/16/2021; 11/30/2021 and Graduation on 12/14/2021

 

Application process:  

  1. Complete the online application, business goals and objective, and any other pre-assessments by January 5, 2021 
  2. Submitted application/goals and objective/pre assessments will be reviewed for approval 

 Eligibility Requirements:  

  1. You must be a woman in business 
  2. Been in business 0-5 years and looking to scale 
  3. Business income $0-$250K 
  4. You must reside or have a business in the counties indicated on the application 
  5. You must be able to attend 20 out of 24 sessions 
  6. You must have internet access 
  7. You must have a laptop or computer (not Chrome Books) 

 Objectives & Outcomes – Empower Women Business Owners to become economically self-sufficient, increase financial knowledge, and enhance organizational and management skills 

  • Assist small business to overcome lending obstacles to become LOAN/RISK ready 
  • Enhance Women business owners leadership skills to increase their confidence to achieve superior collaboration & partnerships 
  • Provide Women business owners with tools to implement strategies for productivity and profitability to improve risk management & mitigate liability 
  • Teach Business owners how to assess the Overall Health of their Business to increase revenue (projected revenue earned or saved) 
  • MANAGE and master the BUSINESS CASH FLOW & obtain understanding of other Key Financial Statements to increase transparency and accountability 
  • Develop strategies to Implement Organizational/Operational Procedures to streamline workflow processes

The 2021 GC (LEAD) program is 48hr /24 session bi-monthly training program that will cover six key areas of your business development and growth 

  • Module 1         Leadership Development                                (3 Sessions)                6hrs 
  • Module 2         Management/Leadership Development          (5 Sessions)           10hrs 
  • Module 3         Operational Excellence                                  (4 Sessions)                7hrs 1hr (financial) 
  • Module 4         Organizational Excellence                             (4 Sessions)                8hrs 
  • Module 5         Professional Development                              (3 Sessions)                6hrs 
  • Module 6         Financial Management                                   (5 Sessions)                10hrs 

 WBCC Policy:  Attendance is mandatory to attend 85% of the sessions  

 Click here to register.

WBCNC – What Keeps You Up At Night, Part 1

Topic: Cash Flow Management

The presentation will cover planning strategies that will help business owners:

• Identify and prioritize their goals and concerns

• Consider four critical asset classes of their business

• Explore key financial areas of their business to protect

• Understand stages of business development and some key things to think about in each of them • The role of business advisors and how we can help

Speakers: Ruby Wesley and Todd Granthum

Speaker(s): Ruby Wesley and Todd Granthum

Co-Sponsor(s): WBCNC

WBCC – Small Business Development / Business Finances

Hosted by The Women’s Business Center of Charlotte.

Topic: Small Business Development / Business Finances

Are you an entrepreneur thinking of starting a business or are you already in business and not sure if you have completed all the necessary steps to be an established entity or successful business? This workshop is designed to help entrepreneurs with start-ups and established businesses to examine the feasibility of their small business idea in the current market, examine entrepreneur readiness, business plan development, entity formation, managing risk, and various ways to fund or bootstrap the business.
Business in finance will assist you with understanding your financial projections, understanding the three (3) major financial documents, funding opportunities, finances and tax preparation.

Speaker(s):  Sonya Miller-Ray  / Sherise Jones

Click here to register.