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MI-SBTDC presents 5 Keys to Successful Financial Planning for Small Business

Public Date: 3/3/2010 12:00 AM
Contact: Paul A. Nucci, Program Communications Coordinator
Phone Number: 734-487-0902

A workshop to help even the non-financial manager
business owner achieve "Fiscal Fitness"


MICHIGAN (March 3, 2010) -- The Michigan Small Business & Technology Development Center (MI-SBTDC) will present a financial tools workshop March 10 in Oakland County.  "5 Keys to Successful Financial Planning for Small Business: A workshop to help even the non-financial manager business owner achieve 'Fiscal Fitness'" is a state-wide training program designed to strengthen financial literacy and improve the ability to access capital businesses need to grow. The program is sponsored by Fifth Third Bank and will include more than 25 separate workshops hosted by regional offices throughout Michigan.
 
Topics to be discussed include:
  • Identifying problems using your balance sheet and income statement
  • Providing ways to increase your company's cash flow
  • Using breakeven analysis to improve decision-making
  • Planning the working capital to support your growth
  • How to keep your banker on your side

"5 Keys to Successful Financial Planning for Small Business" will cost $50 per participant. The March 10 seminar will be held at the Oakland County Business Center, 2100 Pontiac Lake Road, Bldg. 41 West, Waterford, MI, 48328. Networking and a continental breakfast start at 8 a.m. and the seminar runs from 8:30 a.m. until 12 p.m. Call (248) 858-0783 to register.  Partial scholarships of $25 are available with full scholarships available for Fifth Third clients.
 
"In these trying financial times, Fifth Third bank recognized how important it is to reach out to business owners and help them become savvier in managing their business finances. Fifth Third Bank is proud to support the MI-SBTDC in these efforts."  Dolores Sturdivant – Fifth Third Bank.
 
The Michigan Small Business & Technology Development Center (MI-SBTDC) is a statewide business assistance program that provides one-on-one counseling, training and research support for Michigan small businesses. MI-SBTDC Region 9, serving Wayne, Oakland and Monroe counties is headquartered at the Eastern Michigan University College of Business in the Center for Entrepreneurship with full service locations at TechTown in Detroit, Schoolcraft College in Livonia, the Monroe Industrial Development Corporation and Oakland County Business Assistance Center.
 
Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio. Fifth Third operates five main businesses: Commercial Banking, Branch Banking, Consumer Lending, Investment Advisors and Fifth Third Processing Solutions.
 
 

Release contact information:
Paul A. Nucci, Program Communications Coordinator
MI Small Business & Technology Development Center
Email: pnucci@emich.edu
Phone: (734) 487-0902