website free tracking

Accounting Program For Small Business


Accounting Program For Small Business

Small business owners facing mounting financial pressures now have access to a streamlined accounting program launching this month. The initiative aims to provide critical financial management skills to boost success rates amidst economic uncertainty.

This program, crucial for navigating today's volatile market, offers free training and resources. It empowers entrepreneurs to confidently manage their finances and secure long-term stability.

Free Accounting Program Launching Soon

The "Small Business Financial Empowerment Initiative" will officially launch on October 26, 2023. The program is specifically designed for businesses with fewer than 25 employees and annual revenues under $500,000.

Offered through a partnership between the Small Business Administration (SBA) and the National Association of Certified Public Accountants (NACPA), the program seeks to bridge the financial literacy gap. This initiative is a response to rising small business failure rates attributed to poor financial management.

What the Program Offers

The core of the program involves a series of six weekly online workshops. Participants will learn fundamental accounting principles, including bookkeeping, cash flow management, and financial statement analysis.

Each workshop will be led by certified public accountants (CPAs) volunteering their time and expertise. Moreover, participants gain access to free accounting software trials and personalized mentoring sessions.

The curriculum also covers tax compliance, budgeting, and strategies for securing funding. According to a recent NACPA survey, 60% of small businesses fail within the first five years due to financial mismanagement.

Who Can Participate?

Eligibility is limited to small business owners or managers actively involved in their company’s financial operations. Priority will be given to businesses located in underserved communities.

Applications are being accepted now through October 20, 2023, via the SBA website. Early registration is encouraged due to limited spaces available.

The program is entirely free of charge, eliminating a significant barrier for many struggling businesses. Funding is provided through a grant from the Department of Commerce.

Where and When?

All workshops will be held online, making the program accessible nationwide. Sessions are scheduled for every Tuesday evening, beginning October 26, 2023, and run through December 1, 2023.

The online format allows participants to learn at their own pace and revisit materials as needed. Access to recorded sessions will be provided for those unable to attend live workshops.

Impact and Future Plans

The SBA projects the program will directly benefit over 5,000 small businesses in its first year. Follow-up surveys will be conducted to assess the program’s impact on business performance and financial stability.

"We believe this program will be a game-changer for small businesses," stated Isabella Guzman, Administrator of the SBA. Expansion plans are already in the works for 2024, including adding advanced accounting modules and regional in-person training sessions.

Next Steps

Interested small business owners should visit the SBA website immediately to apply. The application deadline is fast approaching, and spaces are filling up quickly.

Additional resources and information can be found on the NACPA website. Don't miss this opportunity to gain the financial skills needed to thrive.

Accounting Program For Small Business 20 Best Accounting Software for Small Business in 2024 - Financesonline.com
financesonline.com
Accounting Program For Small Business 23 Best Business Accounting Software for Small Businesses in 2021
allthatsaas.com
Accounting Program For Small Business 10 Best Accounting Software for Small Business in 2022 | Accounts Apps
productivityland.com
Accounting Program For Small Business Best Free and Paid Accounting Software for Small Business in 2021
launchberg.com
Accounting Program For Small Business Accounting Software for Small Business | QuickBooks®
quickbooks.intuit.com
Accounting Program For Small Business 23 Best Business Accounting Software for Small Businesses in 2021
allthatsaas.com
Accounting Program For Small Business Best Accounting Software for Small Business of 2023
www.kbmtr.co.uk
Accounting Program For Small Business Best Small Business Accounting Software 2018 | Digitogy.com
digitogy.com
Accounting Program For Small Business Free Accounting Software For Small Businesses - ProfitBooks.net
profitbooks.net
Accounting Program For Small Business Best Free Accounting Software for Small Businesses - Wave Financial
www.waveapps.com
Accounting Program For Small Business 10 Best Accounting Software for Small Business in 2022 | Accounts Apps
productivityland.com
Accounting Program For Small Business 10 Best Bookkeeping Software for your Small Business in 2020
bestaccountingsoftware.com
Accounting Program For Small Business Best Small Business Accounting Software 2023 | Tech.co
tech.co
Accounting Program For Small Business Top 11 Best Accounting Software for Small Business in 2020
www.zerodollartips.com
Accounting Program For Small Business 9 Best Small Business Accounting Software - IIM SKILLS
iimskills.com
Accounting Program For Small Business 11 BEST Small Business Accounting Software [TOP SELECTIVE]
www.softwaretestinghelp.com
Accounting Program For Small Business Best Free Small Business Accounting Software in 2021 : SMM
www.socialmediamagazine.org
Accounting Program For Small Business Best Accounting Software for Small Businesses
www.invoicetemple.com

Related Posts