Tag - finance

Understanding Financial Statements for Businesses

Understanding Financial Statements This seminar was developed to help small business owners understand common mistakes most business owners go through: Failing to collect and analyze basic financial data. Many entrepreneurs run their companies without any kind of financial planning. Most business owners ignore their companies’ financial statements as part of the...

How SBA Loans Really Work

It’s not a big secret that many small business owners can’t get affordable loans. The Small Business Administration helps small businesses get funding by setting guidelines for loans and reducing lender risk. But what does that mean? We’re going to give you a real-world breakdown of how SBA supports programs...

Google Will Find Them – Now, How Do You Choose the Best Financial Professional for Your Small Business?

Top 10 Questions to Ask to Find the Right Fit As a small business owner, you're juggling multiple responsibilities like supply and demand, marketing, and understanding your customer base. However, managing finances and taxes can be overwhelming, which is why it's wise to call in the help of a financial professional....

FASTER WV: Boosting Entrepreneurship, Startups and Business Expansion

Are you aware that West Virginia lags far behind Appalachia, and the nation, in entrepreneurial and start-up activity? In fact, the Kauffman Foundation’s 2017 State Report found that WV ranked last in startup early job creation with a third as many jobs created as the leading state, and below the...

Cash flow – don’t plan your future without it!

For many, the term “cash flow” conjures up visions of a daunting task that requires the expertise of a team of accountants. In reality, however, it is a handy, easy-to-use planning tool. While we typically think of it as primarily used by corporate entities – again with a line-up of...

Using Business Loans to Your Advantage

The idea of applying for a loan can be overwhelming, but it doesn’t have to be. At the Wyoming County Economic Development Authority, we believe that loans are a fundamental part of business development. Whether you’re an established business or a startup getting ready to launch, loans can be the catapults...