SEED will sponsor business workshop

SEED will sponsor business workshop

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The South Eastern Economic Development (SEED) Corporation and Martha’s Vineyard Savings Bank will hold two basic business workshops aimed at assisting potential and existing entrepreneurs.

The free workshops are being held in cooperation with the Martha’s Vineyard Chamber of Commerce, Martha’s Vineyard Commission, and SCORE (Service Corporation of Retired Executives).

The workshops will be held at the Harbor View Hotel in Edgartown on Thursday, April 7. The first workshop, “Learn the Fundamentals in Planning, Preparing For, and Financing Your Business,” will be held from 8:30 to 11:30 am. Registration begins at 8 am. Breakfast and lunch will be provided free of charge to attendees.

According to a press release, this workshop is geared toward helping potential entrepreneurs evaluate and understand the fundamentals of owning one’s own business. Information on how to get started, where and how to get financing, and the loan application process will be presented. Attendees will also be provided with a free guide to writing a business plan and other materials.

The second workshop, “Understanding the Purpose of Financial Statements and How They Can Help Determine the Health of Your Business,” will be held from 12:30 to 3:30 pm.

The focus of this workshop is to help attendees understand a balance sheet, income statement, and cash flow statement. The workshop also explains how a small business owner can anticipate financial needs in order to operate his or her business more efficiently.

Please call Tamarah Barao at SEED Corporation at 508-822-1020 by Thursday, March 31 to register for either or both sessions.

For more information on SEED and its programs, visit www.seedcorp.com.