This workshop provides specific information relating to decisions new business owners need to make. We help participants make informed choices about business structure, risk management and insurance, financing, sources of funds, and basic tax information.
Organizing/Structuring My Business: Legal Considerations and Business Entities
This session presented by an attorney introducing information about business entities and the respective tax and liabilities.
Keeping the Paperwork and Documentation: Accounting and Bookkeeping Services
This session presented by an accountant, covers information about various taxes; income, sales, product, business, property, and payroll taxes. The financial impact of business entity choices, record keeping and retention, are also discussed.
Taking Care of Taxes, Reporting Wages, and the Classification of Workers
This session presented by a representative of the IRS, covers basic tax information for small business owners; including the categories of workers, withholding, estimating, report requirements, forms, and importance of records..
A Source of Funds: Banking and Financial Programs
This session presented by a banker to introduce and describes resources for financing, the role of banks, shopping for a lender, importance of a business plan, definition of collateral, and the importance of maintaining lender relationships.
Small Business Ownership and Risk: Risk Management and Insurance
This session presented by an insurance expert helps participants understand a variety of business risks and the role insurance can play in the management of these risks.. The variety of insurance programs and the minimum coverage levels are also discussed.