Breaking Down Barriers: Financial Readiness and Accessing Capital in Diverse Communities
Credit and capital are the lifeblood of small businesses and often dictate whether a business can get off the ground, expand, and thrive. However, capital continues to be a significant problem for small businesses, especially those that are owned by women and people of color. This educational session will share insights and strategies for how Veteran, women, and minority-owned businesses can prepare themselves for their capital access journey as well as discuss financing options focused on supporting diverse entrepreneurs.
In this webinar, you’ll learn:
- Key financial elements in franchise ownership
- Understanding the role of franchise brands and what they are looking for from future owners
- Financial readiness and literacy – both in general and related to franchising
- Pathways to financing for minority entrepreneurs, including
- Community Development Financial Institutions (CDFIs)
- The Small Business Administration
- The role of traditional and local banks in franchise financing
- Answers to your questions about challenges you face accessing capital