The North Central Massachusetts Development Corporation and Bank Hometown are holding two business workshops on May 4, 2017 aimed at assisting potential and existing entrepreneurs.
These free workshops are approximately 2 hours each and are being held in partnership with the North Central Massachusetts Chamber of Commerce, Massachusetts Small Business Development Center, SCORE, NewVue Communities, and City of Fitchburg and Leominster’s Economic Development Office. Both workshops will each run approximately two and a half hours and will be held at the North Central Massachusetts Chamber of Commerce, 860 South Street in Fitchburg on Thursday, May 4.
Session I: Fundamentals in Planning, Preparing, and Financing Your Business will run from 8:30 a.m. to 11:00 a.m. and will focus on evaluating and understanding 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. Registration begins at 8:00 a.m. Continental breakfast will be provided for all participants. Presented by Bob Aspell, SCORE
Session II: Understanding the Purpose of Financial Statements and How They Can Help Determine the Health of Your Business will run from 11:30 a.m. to 2:00 p.m. and will focus on understanding a balance sheet, income statement and cash flow statement. The workshop will also explain how a small business owner can anticipate financial needs in order to operate his/her business more efficiently. Registration begins at 11:30 a.m. Lunch will be provided for all participants. Presented by Robert C. Alario, CPA
The North Central Massachusetts Development Corporation (NCMDC) is a non-profit corporation with the mission of creating jobs and improving the economy of North Central Massachusetts. NCMDC is certified by the U.S. Small Business Administration (SBA), and the U.S. Department of the Treasury under the Community Development Financial Institutions (CDFI) Program. The NCMDC works in partnership with local banks, credit unions, chambers of commerce and area nonprofits to support emerging microenterprises, small businesses, and community projects with loans and business assistance. Since 1996, the NCMDC has granted over $4,200,000 in loans to small businesses to help grow jobs and the economy in 26 communities in the North Central Massachusetts region.
For more information about the NCMDC loan or technical assistance programs, please call 978.353.7607 or visit www.choosenorthcentral.com.