Financial Planning for Your Small Business"

PRESS RELEASE

FOR IMMEDIATE RELEASE CONTACT: ANNE FENTON, MSBDC
DATE: March 14, 2019 (508) 673-9783, x11
amfenton@msbdc.umass.edu


"Financial Planning for Your Small Business"
Wednesday, March 27, 2019 2:30 - 5:00 p.m.
New Bedford, MA - March 14, 2019 - The New Bedford Economic Development Council (NBEDC) would like to invite entrepreneurs in the greater New Bedford area to join them in their new conference room for the third in a series of six small business development workshops. This FREE "Financial Planning for Your Small Business" workshop will be held on Wednesday, March 27, 2019 from 2:30 - 5:00 p.m. at The Quest Center, 1213 Purchase Street, 2nd Floor Conference Room, New Bedford, MA 02740.
Join Cliff Robbins, senior business advisor with the MSBDC, to gain an understanding of the sources of capital to start a business, develop a capital strategy to fit any stage of your business, mentally prepare for the pros & cons of different funding sources, and rule out sources that will only be frustrating and a dead end.
You don't have to be wealthy to start a business.
* Inc. 500 Companies: More than 50% have started with $20K or less
* 88% of the CEOs used their own piggy banks
* Over 50% went on to raise more than $1MM each in future funding rounds (the price was they gave up 100% ownership of the business)


At the Quest Center, please enter through the front door and take the elevator to the 2nd floor. The event is sponsored and hosted by the New Bedford Economic Development Council (NBEDC), MA Growth Capital Corporation and the Massachusetts Small Business Development Center (MSBDC). Space is limited so early on-line registration is encouraged. Light refreshments will be provided by the NBEDC. To reserve your seat, please register on-line at http://bit.ly/MSBDCBizTraining. The deadline to register is Friday, March 22. Please call the MSBDC office at 508-673-9783 with questions.


Please call the MSBDC office at 508-673-9783 with questions.

The New Bedford Economic Development Council (NBEDC) (http://www.nbedc.org/) is a nonprofit economic development organization that works closely with a host a municipal departments on the permitting of a wide variety of development projects and business expansions throughout the city. The NBEDC is responsible for the management of the City's Tax Increment Financing Program, manages the operations of the New Bedford Business Park, and administers a lending program targeted to small business expansion.

The MA Small Business Development Center Network (www.msbdc.org/semass) provides free and confidential business advice to existing or prospective small business people. We also offer training seminars on a variety of topics, including starting a business, financial planning, government procurement, marketing, social media, and international trade assistance.