Notes from March 24, 2011 Seminar
Guest expert: Janet Moran, Eastern Bank, email: j.moran@easternbank.com
Credit Worthiness
We spent a few minutes talking about elements of credit worthiness. The following link will lead you to a review of what we discussed. You may access Laura's lesson review online here.
This material came from the Federal Reserve Bank of Dallas. You may find the materials here http://dallasfed.org/educate/pubs/wealth_classroom/11_lesson.pdf
Complexity of Business Planning
We discussed the importance of keeping good records and the various aspects of business planning as described in the NFTE curriculum. NFTE is the National Foundation for Teaching Entrepreneurship and can be found at http://www.nfte.com/
We also viewed small business cash flow, profit and loss spreadsheets that come with the Women’s Small Business Start-Up Kit book. This book is available at http://www.nolo.com/
Local Funding Resources
Entity |
Location |
Contact Info. |
Economic Stabilization Trust |
529 Main St. Boston |
Neil Martin
617-727-8158 |
EDIC
Economic Development Industrial Corporation |
City Hall Square
Lynn |
Rich Fortucci
781-581-9731 |
CDBG
Community Development Block Grant |
Managed by individual cities
(example, Melrose used to have rolling loans of $10K) |
Contact City Halls and ask for Community Development person |
|
