Seven Steps to Start a New Business

8:30 a.m. - 10:00 a.m.

Entrepreneurship is the American Dream. Unfortunately, of the 1 million businesses started each year, most of them eventually fail. The reasons are as varied as the businesses themselves. Proper planning and eliminating assumptions before opening your doors will drastically increase your chances of success. If you are considering the possibility of starting a business, this introductory seminar will provide information that may help your business be among the 20 percent that survive and thrive. The seven steps before starting a business will be to:

• Evaluate your Entrepreneurial Abilities
• Consider the Market
• Evaluate your Creditworthiness
• Explore the Legal Forms of Organization
• Gather Information
• Prepare your Business Plan
• Presentation of your Business Plan

This is a FREE seminar, registration is required!

Longwood SBDC
515 South Main Street
Farmville, VA 23909

Cost: FREE

Registration required:
(434) 395-2086 or
baldwinjr2@longwood.edu

Kim Ray, Business Analyst

Basic Bookkeeping for Small Businesses

8:30 a.m. - 10:00 a.m.

This seminar emphasizes the importance of financial management and record keeping basic concepts for setting up and using a manual bookkeeping system, and analysis of financial reports based on the principles.

Longwood SBDC
515 South Main Street
Farmville, VA 23909

Cost: $10 PRE-PAID

Make your check payable to Longwood SBDC and mail to the address above. (We do not accept cash or credit cards)

Registration required:
(434) 395-2086 or
baldwinjr2@longwood.edu

Kim Ray, Business Analyst

Basic Payroll for Small Businesses

8:30 a.m. - 11:00 a.m.

This seminar will cover managing a payroll starting with the initial setup, calculating employee and employer deductions, determining net pay and reporting and record-keeping requirements to prepare paychecks.

Longwood SBDC
515 South Main Street
Farmville, VA 23909

Cost: $10 PRE-PAID

Make your check payable to Longwood SBDC and mail to the address above. (We do not accept cash or credit cards)

Registration required:
(434) 395-2086 or
baldwinjr2@longwood.edu

Kim Ray, Business Analyst

Tax Tips & Schedule C Preparation
FOR THE SMALL BUSINESS OWNER

2:00 p.m. - 4:00 p.m.

Bring your questions and join a lively discussion with Ken Copeland, C.P.A., and the Director of Economic Development for Longwood University. Ken will bring us up to date on recent tax changes, as well as cautionary tips, that will benefit your business. There are many new regulations that either are now or soon will affect small business people.

Topics will include:

• How the Schedule C fits into your 1040 tax return
• How to incorporate  internally generated financial reports into your return
• How to estimate quarterly tax payments
• Basic depreciation information
• Basic record keeping skills
• Q & A with workshop presenter

Even if you are not organized as a sole proprietor, your business will benefit from the topics discussed.

This is an important tax seminar you will not want to miss!  Registration is required and seating is limited!

Farmville-Prince Edward Community Library
1303 West Third Street
Farmville, VA 23901

Cost: FREE

Registration required:
(434) 395-2086 or
baldwinjr2@longwood.edu

Ken Copeland, CPA and Director of Economic Development for Longwood University

Solving the Mystery
of Credit Reports

9:30 a.m. - 10:30 a.m.

Are you aware of how your personal credit report may affect your ability to start or expand a small business?  This seminar covers how the credit reporting bureaus compile information, the importance of your credit history, the meaning and impact of your credit score and offers helpful tips on how to improve your score.

Seating is limited and Registration is required!

Farmville-Prince Edward Community Library
1303 West Third Street
Farmville, VA 23901

Cost: FREE

Registration required:
(434) 395-2086 or
baldwinjr2@longwood.edu

Rex Hodgson, Sr., Membership Development Representative for Virginia Credit Union (VACU)