DETROIT – Road to Readiness is a comprehensive, 5-part business education series on financial management and capital readiness presented by TechTown, Design Core Detroit and the Detroit Development Fund. Deadline to apply is Sept. 6.
Classes are 8:30am – 12:00pm every Monday from September 30 – October 28. Topics covered are as follows:
September 30 – Capital readiness, break-even points and basic projections
October 7 – Record keeping, financial statements and taxes
October 14 – Types of capital, equity, debt financing, alternative lending
October 21 – Pricing strategy, linking money to marketing, tracking ROI
October 28 – Financial resources fair and 1-1 consultations with finance experts
To be accepted into the Road to Readiness program for fall 2019, your business must be in market generating revenue with annual gross sales of $50,000 or more. Preference will be given to businesses making or manufacturing products, but we are open to applications from other established companies with an interest in increasing their financial management skills.
Full attendance and active participation are required to get maximum benefit from this program. Please only apply if you are committed to attending all 5 sessions.
Participants will be billed a nonrefundable $100 course fee upon acceptance and payment is required by September 25. A limited number of scholarships are available for those who demonstrate financial need.