Financial Literacy 101- Accounting Basics, Pricing, and Microcredit for Small Businesses

This workshop gives small business owners a practical foundation in understanding their numbers, setting prices with confidence, and evaluating funding options like microloans and microcredit.

It is designed for entrepreneurs who want clearer visibility into business performance, stronger financial decision-making, and better preparedness for lenders or growth opportunities.

Key Topics Covered:

1. Accounting and Financial Statements (bookkeeping workflow, cash vs accrual, Balance Sheet/Income Statement/Cash Flow)
2. Pricing Fundamentals (cost-plus vs demand-based pricing, and the 3 C’s- Costs, Customers, Competitors)
3. Microcredit and Loan Readiness (microcredit use cases, loan terms like APR/amortization, collateral/credit basics)

Attendee Takeaways - By the end of the session, attendees will be able to:

1. Read their business’s core financials and use a simple system to track and categorize transactions consistently.
2. Set pricing more confidently using costs, customer willingness-to-pay, and competitor benchmarks.
3. Evaluate microcredit/loan options by understanding key terms (APR, term, amortization) and what lenders look for (credit, collateral, basic risk measures).

Presenter: Arizona Microcredit Initiative

Event Info: 2/20/2026 12:00 to 1:00 pm

Online

About Money-festing: This workshop is part of our ongoing Money-festing program—designed to help entrepreneurs turn financial knowledge into business power. Through workshops and webinars offered regularly, participants learn to master the money side of entrepreneurship, from funding and cash flow to credit, budgeting, and bookkeeping. Whether you’re just starting or preparing to expand, Money-festing equips you with the tools and confidence to take control of your finances, make smarter decisions, and build long-term wealth through your business.