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

Women-Owned Small Business Certification Info Session

To level the playing field in the federal marketplace for Women Owned and Economically Disadvantaged Women Owned Small Businesses (WOSB/EDWOSB) to sell to the government, the federal government has established a 5 percent goal. In FY20, WOSB/EDWOSB businesses sold $27 billion dollars (4.85%) in federal contracts to the government. But women entrepreneurs left .15% of federal government sales opportunities on the table.

To take advantage of the benefits of being certified as a WOSB or EDWOSB, you must get certified. This information session will help you know what to do.

Nancy N. Alvarez, Supervisor Business Opportunity Specialist with the SBA Dallas/Fort Worth District Office will facilitate the workshop and will be available to answer specific questions on the certification eligibility and process.

Presented by: Nancy N. Alvarez serves as the Head of the 8(a) Business Development Program for the U.S. Small Business Administration, Dallas/Fort Worth District Office.  She is instrumental in providing leadership, management and oversight to optimize the deployment of SBA’s Federal Contracting programs and serves the small business communities within a 72 county geographical area in North Texas. As the SBA’s Women Ownership Business Representative, she is responsible for increasing participation of women owned small businesses in Federal Contracting Programs and advocates to local Federal agencies on behalf of Women Owned Small Businesses (WOSBs). Nancy graduated from Jacksonville University with a Bachelor degree in Business Administration (Magna Cum Laude). She is a member of Phi Beta Kappa Honor.  She served on the Board of the City of Jacksonville, Mayor’s Hispanic American Advisory Board and the Mayor’s Small & Emerging Business Advisory Council.  Additionally, she served as an advisory board member in the Beaver Street Enterprise Center, Jacksonville’s first business incubator.  Nancy is currently an advisory board member of the Dallas/Fort Worth Federal Agency Small Business Advocacy Council (FASBAC), a small business professional’s forum where federal agencies share, gather, and create ideas that promote small businesses’ interest and participation in the federal marketplace.