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Buying or Selling a Business?
Why you should attend this informative Webinar…
For businesses negatively impacted by COVID-19, business owners, buyers and lenders know the initial impact of COVID-19 on the business and better understand how certain businesses can adapt and recover during the pandemic. From a lending perspective, the more months of performance we can review during 2020, the better the chance of obtaining a reasonable business value.
This 3 hour Workshop is designed to educate individuals interested in buying or selling a business. Key topics covered will be:
·         Deciding to buy or sell a business
·         Finding the right fit
·         Planning for the transaction
·         Building a good team
·         Conducting the first meeting
·         Determining the business value
·         Writing the letter of intent
·         Performing due diligence
·         The final contracts
·         Case study using a real example
Essential Steps for Starting a Business (In-Person/Webinar) Plano Library
An introductory Workshop that is designed for the entrepreneur and small business owner to learn what’s really needed of them to start and run a successful business.
However, there’s a number of factors to keep in mind before starting your own business.
We’ll introduce you to key business considerations, like the myths and realities of entrepreneurship, different business options to pursue, the components of business ownership, legal & financial considerations, and business plan basics.
Discussions will include:
- the need for personal skills
- products/services
- legality
- financing & planning
- learn how committed you need to be to make the business successful
Financials for Non Financial Managers- A Veritex Sponsored Event
Come learn the terminology and put into practice what you learn. We’ll spend time working with the Income Statement and show you what it means and how it relates to the Balance Sheet. We’ll spend considerable time looking at the Cashflow statement and making sure you can create one for your future use.
A Veritex Representative, Erika Hersh, will give you a banker’s point of view and offer advise that every small business owner should know when it comes to understanding financials for your business.
Erika Hersh joined the Veritex Community Bank team in 2020. She is an SBA Lender and responsible for assisting businesses with loans up to $5MM. Prior to Veritex, Erika was the Regional Lending Manager for PeopleFund, a Community Development Financial Institution. She has extensive experience in SBA Lending, Small Business Consulting, & Business Education. Erika has been honored by Fort Worth Inc. Magazine as one of the Top 400 Most Influential People in Fort Worth for the past 3 years.  She is Chair of the Burleson Area Chamber of Commerce Power of Heels Division. Erika has a passion for helping business owners reach their full potential. Outside of the office, she enjoys volunteering her time as a counselor and spending time with family.
Funding Your Non Profit Organization
This Workshop is where you can learn how to research the various funding options that are available for your non profit organization. In addition, you’ll learn about the Fundraising laws, how to market on social platforms, and so much more! We can give some basic guidance in order to help you make your fundraising journey a success!
We will cover the following funding options:
- Funding Your Non profit
- Monetary Donations
- In-Kind Donations
- Service Fees
- Unrelated Income
- Grants & Grant Writing
Business Plan 101: How to Write a Business Plan
This is a basic introduction designed to help you get started on writing a Business Plan. We’ll introduce some of the essential elements needed to put you on the right path. This Workshop is a prerequisite to the “Advanced Business Plan Writing”. We highly recommend that you take both Workshops for creating a plan that is specific to your business.
Raising FINANCING is a key skill for all businesses including startup, growth and managing ups and downs and this session will focus on helping you prepare to get it. Some of the topics that will be covered are:
Key Business Starting Actions / Business Viability
Preparing for Financing:Â Â
- Initial Questions,Â
- How much money do you need,Â
- Creating financials,Â
- Qualifying for financing
Types of Financing
- Personal Funds and Income
- Debt Financing
- Equity Financing
- Government/Private Industry Financing