In January, Made By will host a series of free workshops on financial readiness for a product-oriented business. The purpose of these workshops is to introduce makers to what is needed to obtain a loan or outside investment and the systems needed to build a solid foundation on which to grow.
These workshops are special in that because they are being offered for the first time, we will be tailoring information to the audience and asking for feedback to shape subsequent sessions.
January 10: How to Get a Loan
Topics include:
• Understanding credit
• Debt vs equity
• Funding landscape & lending options
• The 5Cs lenders consider
January 17: Financial Statements as a Management Tool
Topics include:
• Financial terminology
• Balance sheets
• Profit & loss statement
• Cash flow statement
January 24: Good Management System
Topics include:
• Financial best practices
• Inventory management
• Cost of goods sold
• Competitive pricing
• Marketing 101
For more details, visit
MadeBy.
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