Starting a Business

Blogs.Starting a Business

Register

Financial Fitness for Your Small Business

Financial Fitness for Your Small Business

By CeceliaT, SBA Official
Published: April 3, 2017 Updated: April 4, 2017

On March 31, 2017, President Donald J. Trump proclaimed April National Financial Capability Month and the U.S. Small Business Administration (SBA) is excited to be a part of its observation. National Financial Capability Month is dedicated to promoting the resources that help Americans make informed financial decisions. The SBA knows that at no point is it more important to make an informed financial decision than when someone decides to start or expand a small business. We are dedicated to equipping everyone, especially entrepreneurs, with the knowledge and protections necessary to have a secure and stable financial future.

The SBA wants to bring financial literacy not only to America as a whole, but specifically to small businesses and future entrepreneurs. Whether your target market is global or local, the SBA’s network of Small Business Development Centers, Women’s Business Centers, and SCORE chapters can help at every stage of turning your entrepreneurial dream into a booming business.  Additionally, the SBA’s Online Learning Center offers free 24/7 online courses to help you brush up on your financial skills.

If you want to start a business or learn how to better manage your business finances, begin with the Money Smart for Small Business (MSSB).  The SBA and FDIC collaborated to provide a free instructor-led business curriculum that introduces practical business topics related to starting and managing a business. MSSB has 13 modules, including Managing Cash Flow, Banking Services Available for Small Businesses, Credit Reporting, Tax Planning and Selling a Small Business. The curriculum is available for download at no cost in both English and Spanish.

For more information on MSSB or to download the free course visit www.sba.gov/moneysmart.

For free resources on money management and on making the best financial decisions for you, visit www.MyMoney.gov or call 1-800-FED-INFO (1-800-333-4636).

 

Note: This blog is co-authored by Donald Malcolm Smith, Director of the SBA's Office of Entrepreneurship Education. 

 

About the Author:

Cecelia Taylor

SBA Official

CeceliaT is a moderator for the SBA Community. We appreciate your participation and feedback on how we can continually improve the community to meet your small business needs.