Learning objectives for this one-hour Money Smart for Small Business module are:

• Explain the concept of financial management and its importance to a small business and its owner
• Identify financial management practices, rules and tools commonly available to small businesses
• Explain how financial management practices, rules, and tools work

Submit the “Training Request Form” to access the video and workbook.

Guest co-presenter for this session is Jake Rantanen with Northern State Bank.

Learning objectives for this one-hour Money Smart for Small Business module are: 

• Describe the purpose of cash flow management in a start-up small business.
• Assess a cash flow cycle and make some cash flow projections.
• Describe how a cash flow statement can help assess and improve the financial health of a start-up.

Submit the “Training Request Form” to access the video and workbook for this course.

Learning objectives for this one-hour Money Smart for Small Business module are:

• Explain the concept of credit reporting and the impact of credit reports on the operation or growth of a small business.
• Identify the credit reports and other reporting systems commonly used to assess the risk of extending credit to a small business.
• Explain how these credit reports work.

Submit the “Training Request Form” to download the video and workbook.

Learning objectives for this one-hour Money Smart for Small Business module are: 

• Clarify some of the myths and realities of small business ownership.
• Start a self-assessment to determine your readiness to become a small business owner.
• Set a plan of action to complete your self-assessments by seeking feedback from stakeholders, such as family, friends, and potential customers.

Submit the “Training Request Form” to access the video and workbook.

Learning objectives for this one-hour Money Smart for Small Business are:

Identify general characteristics, advantages, and disadvantages of each of these organizational types for small businesses:

• Sole Proprietorship
• Partnerships
• Limited Liability Company (LLC)
• C-corporation
• S-corporation

Submit the “Training Request Form” to access the video and workbook for this course.

Guest co-presenter for this session is Nathan Haase, with Ihle, Sparby, and Haase.

Learning objectives for this one-hour Money Smart for Small Business module are:

• Explain how an evolving planning process can help you make key decisions as business owners.
• Describe how to convert a vague idea into a resource plan.
• Explain the importance of a healthy personal credit score and healthy relationships with lenders.
• Describe how a business plan helps motivate stakeholders to understand and support your business ideas.
• Explain the benefits of creating a day-to-day action plan for running a small business.

Submit the “Training Request Form” to access the video and workbook for this course.

Learning objectives for this one-hour Money Smart for Small Business module are: 

• Explain the concept of record keeping and its importance to small businesses
• Identify record keeping practices, rules, and tools commonly available to small businesses
• Explain how record keeping practices, rules and tools work

Submit the “Training Request Form” to access the video and workbook for this course.

Learning objectives for this one-hour Money Smart for Small Business module are:

• Identify the types of insurance required for a small business
• Identify other types of insurance a small business should consider
• Explain why insurance is important for a small business

Submit the “Training Request Form” to access the video and workbook for this course.

Guest co-presenter for this session is Mark Thune with North Risk Partners.

Learning objectives for this one-hour Money Smart for Small Business module are: 

• Identify the common risks associated with a small business
• Identify the external and internal factors which affect risk for a small business
• Identify situations which may cause risk for a small business

Submit the “Request for Training” form to access the video and workbook for this course.

Learning objectives for this one-hour Money Smart for Small Business module are: 

• Identify the federal, state, and local tax reporting requirements of a small business and its owner, and establish a plan to account and pay them.
• Identify methods for researching the local, municipal, and county reporting/licensing requirements for a small business.

Submit the “Training Request Form” to access the video and workbook for this course.

Learning objectives for this one-hour Money Smart for Small Business module are: 

• Explain the concept of time management and why it is important to small businesses
• Explain some commonly employed time management practices, including:
• Pareto analysis
• ABC method Eisenhower method
• POSEC method

Submit the “Training Request Form” to access the video and workbook for this course.

Learning objectives for this one-hour Money Smart for Small Business module are:

• Change ownership of a business through selling, closing, or handing to a successor.
• Establish an exit strategy for retirement including a succession plan, transfer of ownership, and taxes.

Submit the “Training Request Form” to access the video and workbook for this course.

Guest co-presenter for this session is Nathan Haase, with Ihle, Sparby and Haase.