Women’s Financial Literacy for Small Businesses
January 17 @ 5:30 pm - 7:00 pm
An event every week that begins at 5:30pm on Thursday, repeating until January 31, 2019
Upgrade your small business with these FREE Women’s Financial Literacy Workshops happening every Thursday.
The Women’s Business Center of Greater Cincinnati will be hosting a month of Financial Literary every Thursday from January 3 – January 31. All sessions will be held at Union Hall from 5:30 p.m. – 7 p.m. Women entrepreneurs looking to start their own business or are currently in business will find these workshops beneficial.
These training workshops begin with a Business Planning workshop, followed by Financial Literacy, Budget Management, Understanding Debt/Credit, and Payroll Operations in a Small Business. Each workshop will present valuable information to access the needs in starting a business. Volunteer professionals from the community will facilitate the workshops.
January 3 – Business Planning Workshop – 5:30 p.m. – 7 p.m.
Business Planning – Ella Frye, Director of The Women’s Business Center
A business plan is an effective means of defining your goals and the steps needed to reach them. It spells out your purpose, vision, and methods of operation. It also serves as your company’s resume, explaining your objectives to investors, partners, employees, and vendors. The purpose of this workshop is to help entrepreneurs looking to start a business create a business plan. The Director of the Women’s Business Center, Ella Frye will facilitate this workshop.
January 10 – Financial Literacy – 5:30 p.m. – 7 p.m.
Financial Literacy 101 – Royce Sutton, Senior Vice President of Community & Economic Development, Ohio CED Market Manager, 5th/3rd Bank
Financial literacy is the possession of the set of skills and knowledge that allows an individual to make informed and effective decisions with all of their financial resources. The purpose of this workshop is to provide entrepreneurs with new financial resource knowledge to build and maintain their businesses. The Senior VP of Community and Economic Development, Ohio CED Market Manager of 5th/3rd, Royce Sutton will facilitate this workshop.
January 17 – Budget Management – 5:30 p.m. – 7 p.m.
Budget Management for Small Businesses – Micah Dickson, Small Business Community Lender, 5th/3rd Bank
A budget must ensure that no more is spent than is available. Learn how to budget and manage your expenses — worksheets, tips, and tools for creating and sticking to your budget. Budget holders immediately assess the impact on the budget when evaluating a contract, purchase order or invoice. In this way, they can determine whether to reject or approve expenses based on current information. Micah Dickson, Small Business Community Lender at 5th/3rd Bank will facilitate this workshop.
January 17 – Debt/Credit – 5:30 p.m. – 7 p.m.
Debt/Credit – Delisha Murray, Program Officer, 5th/3rd Bank
This workshop on Debt/Credit will better explain the importance of your debt and credit and how it will affect your business. When building a solid financial foundation, it’s important to look at the different types of debt that consume so much of your paycheck. Typically, taxes, credit card bills, and mortgages take up a majority of someone’s income. Your credit is more than just the plastic card sitting in your wallet. While credit cards can play a role in establishing your financial record, credit by itself is better defined as a bank’s trust in you to repay a loan. Delisha Murray, Program Office will facilitate this workshop at 5th/3rd Bank.
January 24 – Bookkeeping/Accounting – 5:30 p.m. – 7 p.m.
Bookkeeping / Accounting – Raven Simon, CEO & CPA of Simon Accounting Services
While bookkeeping and accounting are both essential business functions, there is an important distinction. Bookkeeping is responsible for the recording of financial transactions. Accounting is responsible for interpreting, classifying, analyzing, reporting and summarizing financial data. This training workshop will provide expertise from Raven Simon, CPA, and CEO of Simon Accounting Services on how to navigate and create routines in your bookkeeping and accounting procedures.
January 31 – Payroll Operations – 5:30 p.m. – 7 p.m.
Payroll Operations – Tricia Reynolds, CEO, Founder, Bookkeeper, Ducks in a Row Inc.
This workshop will be presented by Tricia Reynold, Bookkeeper, CEO, and Founder of Duck In A Row, Inc. The workshop will provide useful tips and information regarding:
• Processing payroll taxes
• Employee vs. contractor payroll
• Creating a payroll schedule
• Gross vs. net payroll
• Workplace Posters (what is required by the department of labor to have posted)
About The Women’s Business Center of Greater Cincinnati
The Women’s Business Center of Greater Cincinnati fosters the development and retention of successful businesses by delivering resources that enable individuals to start new businesses and grow existing ones. WBC staff work one-on-one with members to understand their unique business needs and help provide direction and access to resources to address those needs. Please email any questions to firstname.lastname@example.org.