Every thriving business needs a financial accounting system and proper financial records. That's why the city of Durham is collaborating with La-Tasha Best-Gaddy of Infinity Bridges, Inc. to provide personal, high-quality financial education to local business owners.
Momentum Financial Academy aims to help small businesses create and organize their financial recordkeeping systems. For six weeks, you'll work side-by-side with a cohort of 15 similar businessesto learn financial action strategies. Additionally, we offer confidential one-on-one counseling sessions where you can ask specific questions about your business!
Businesses who were recently denied for a state or federal lending program are encouraged to apply.
What You'll Learn
Recordkeeping and cash flow reporting
Tax planning methods
Business profit and loss projection
The ins and outs of accounting systems such as Quickbooks Online
How to improve the overall financial health of your business
Momentum Financial Academy will be conducted via online meetings from May 27 – July 1, 2021. We will meet for one session per week, and each session will last two hours. The cohort will meet in a virtual classroom setting, and participants will also have the opportunity to meet one-on-one with a financial professional for up to two hours to create a unique recordkeeping system for their business!
Momentum Financial Academy will be facilitated and administered by La-Tasha Best-Gaddy, Chief Strategist of Infinity Bridges Inc., in collaboration with Cherelle James, CEO and co-founder of My Local CFO.
Who is Eligible
The following businesses are eligible to apply:
Businesses located within Durham County
Business is currently operating
Business is for-profit ,including but not limited to: sole proprietorships, independent contractors, and home-based businesses
Business has applied to a recent federal, state or local lending program (such as Durham's Small Business Recovery Fund, the Paycheck Protection Program, Economic Injury Disaster Loans, the Rapid Recovery Program, etc.) and was denied