About this event
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:
2026-02-20 12:00:00 to 13:00:00
Online
We are dedicated to reducing barriers to capital and providing equality for businesses and individuals, promoting community revitalization by creating jobs, increasing the availability of capital, and supporting local economic growth.
