Six-part Financial Series for Small Business Owners
Small business owners may be well versed in the technical and procedural aspects of their businesses; however, they often lack sufficient knowledge of the financial aspects of their businesses. As a result, many small businesses fail. These failures are not because the small business owner is not a talented practitioner of his or her trade or profession but because he or she is ill-equipped to handle the day-to-day financial aspects of the business.
The purpose of this six-part series is to provide small business owners or entrepreneurs considering establishing a small business with a basic understanding of the financial aspects of running a small business. (See other segment details for series modules at the bottom of the page)
Risk Management is the systematic process of identifying, analyzing, and taking action to mitigate potential threats or uncertainties that could negatively impact a company’s operations, finances, or reputation, by assessing the likelihood and potential impact of these risks and developing strategies to minimize harm while monitoring their effectiveness. By proactively preparing for risk, businesses can take steps to minimize their damage.
After you complete the Risk Management web meeting, you will understand:
Identify the common risks associated with a small business.
Identify the external and internal factors which affect risk for a small business.
Identify situations that may cause risk for a small business.
Identify the common warning signs of risk for a small business.
Implement, monitor, and evaluate a risk management plan for a small business.
Date & Time
Web Conference Meeting: Tuesday, April 8, 2025 | 11:00 AM- 12:30 PM EST
Registration & Fees
Registration fees are based on membership level. Members and non-members are welcome.
This meeting is Complimentary for Supplier members. For Business members, the fee is $15 and for Advocate members, Individual members, and non-members the fee is $35.
Presenter
David Hincapie
Lender Relations Specialist, Veteran Business Development Officer
Washington Metropolitan Area District Office
U.S. Small Business Administration
Series Details
January 29, 2025 | 1:30 PM- 3:00 PM EST | Financial Management
February 6, 2025 | | 1:30 PM- 3:00 PM EST | Managing Cash Flow
February 20, 2025 | 11:00 AM – 12:30 PM EST | Tax Planning and Reporting
March 12, 2025 | 1:30 PM – 3:00 PM EST | Insurance
March 25, 2025 | 11:00 AM – 12:30 PM | Banking Services
April 8, 2025 | 11:00 AM – 12:30 PM | Risk Management