Small Business Financial Education Program

The Community Development Department Partners with Cambridge Savings Bank to offer a four-week financial education program for entrepreneurs


10/3/2024 • 2 months ago

Are you a Cambridge entrepreneur or small business owner looking for information on best practices related to marketing, cash flow, credit, and available financing options? The Economic Opportunity & Development Division of the Community Development Department partners with Cambridge Savings Bank to offer a four-week financial education program for entrepreneurs. The workshops begin on October 10, 2024, and will be held virtually from 6- 7:30 p.m.

Financial Education Specialist, Eddy Desir will facilitate the workshops, which are designed to help Cambridge small business owners and entrepreneurs develop plans and make good financial decisions. Topics covered will include: 

Cash Flow (Thursday, October 10)

  • How can focusing on cash flow help your business grow? 
  • How can improving your cash flow help you get financing for your business? 
  • What tools can help in managing cash flow? 

Credit (Thursday, October 17)

  • What factors impact credit scores the most? 
  • How essential is credit to a small business? 
  • How does having a good credit score benefit your business? 

Financing (Thursday, October 24)

  • Why is getting financing critical to the initial and long-term success of your business? 
  • What documents will most lenders request before providing financing for your business? 
  • What tools and other resources can help you stay organized and efficient? 

*There is no workshop on 10/31/24

Marketing (*Wednesday, November 6)

  • How will marketing help your business? 
  • How can tracking your marketing results help increase your business sales and revenue? 
  • Which marketing platforms are best for broadening your target market?

After the training sessions, graduates will have the option to be matched up with a business banker.

This program is free and open to all.

If you would like to participate, please register online or contact Tyrone Fells at TFells@cambridgema.gov or 617-349-7223.