Money Smart for the food product entrepreneuer
Starting any business is difficult, but food enterprises present unique challenges. Find out how Money Smart principles applied in new food business seminar series.
Utilizing the Federal Deposit Insurance Corporation/Small Business Administration “Money Smart for Small Businesses financial education program,” Cornerstone Alliance, Women’s Business Center and Michigan State University Extension will focus on the basic financial management, record keeping, food processing, and food licensing for your food product business. Partners, Cornerstone Alliance Small Business Services, the Women’s Business Center, which offers programs that provide business training, business planning and technical assistance, as well as a Women Business Center and SBA Microloans for small businesses in Berrien, Cass, and Van Buren counties.
The two lunch and learn sessions entitled “Money Smart for the Food Product Entrepreneur” will be held September 18 and 25, 2013. The seminar will be held at Kinexus (Michigan Works! Office) located at 499 W. Main Street in Benton Harbor, Mich. from 11:30 a.m. to 1:00 p.m. Cost to attend is $20, which includes lunch. The deadline to register is Friday, September 13, 2013. Information presented will cover the basics of why financial management is important and how record keeping helps your business and the basic food processing and licensing requirements for your business.
The curriculum provides an introductory training for new and aspiring entrepreneurs on the basics of organizing and managing and learning the language of business. The Money Smart for Small Business curriculum is taught through community partners that are able to provide follow-up training. As they are locally-based, referrals and technical support is offered to graduates of the training.
FDIC’s Emerson Hall of the Dallas region expressed the purpose behind Money Smart training: “The objectives explain concepts in an easy-to-understand method and highlight the benefits derived by the participant upon understanding and implementing the concepts into the operations of their business enterprise. The modules provide relevant and practical concepts that can be immediately applied in managing a business. Key objectives and takeaways are highlighted to encourage the participants to immediately practice lessons learned.”
Margaret Adams of Cornerstone Alliance and the Women’s Business Center, and Michigan State University Product Center Counselors, Joanne Davidhizar and Mark Thomas are the instructors. The MSU Product Center helps Michigan entrepreneurs develop and commercialize high-value, consumer-responsive products and businesses in the agriculture, natural resources, and bio-economy sectors.