Leadership Development
● Assume greater leadership responsibilities.
● Understand complex cultural, social and economic issues impacting us today and in the
future.
● Improve their ability to interact and work with others.
● Deepen their understanding of social, economic and political systems in order to effectively
bring about change.
● Develop critical thinking and decision making skills to become a better citizen and leader.
● Connect to people and resources that can help them make an impact.
Money Smart for Small Business
The Modules
Money Smart for Small Business consists of 13 modules, each with an instructor guide, participant guide and PowerPoint slides. Each module can be taught in approximately one hour. The modules present an introduction to these topics, providing an overview, basic concepts and key points.
Is Owning a Business a Good Fit for You? - NEW!
After completing this module, participants will be able to:
Distinguish the myths and realities of small business ownership.
Start a self-assessment to determine their readiness to become business owners.
Set a plan of action gathering feedback from family, friends and potential customers.
Planning for a Healthy Business -- NEW!
After completing this module, participants will be able to:
Convert a vague idea into a resource plan.
Understand how a business plan helps motivate stakeholders to support their business ideas.
Understand the importance of personal credit and a healthy relationship with lenders.
Managing Cash Flow - NEW!
This module should be taught after the Financial Management module has been completed. After completing this module, participants will be able to:
Understand the purpose of cash flow management in a small business.
Make cash flow projections based on the cash cycle.
Identify some ways to manage cash flow, including receivables and payables.
Work more effectively with technical experts.
Organization Types - pros and cons of business structures
After completing this module, the participants will become familiar with the common types of business formations, including:
Sole Proprietorship
Partnership
Limited Liability Company (LLC)
C-corporation
S-corporation
Time Management - tips to make you more efficient
After completing this module, the participants will be able to:
Improve their time management skills.
Apply some common time management practices, such as:
ABC Analysis
Pareto Analysis
Eisenhower Method
POSEC Method
Financial Management - understanding this critical practice
After completing this module, the participants will be able to:
Understand the essentials of financial management.
Apply financial management practices, rules, and tools most relevant for small businesses.
Prepare for common business financing needs: start-up finance, working capital, and fixed asset loans.
Recordkeeping - as a managerial tool
After completing this module, the participants will be able to:
Improve their overall recordkeeping practices.
Apply tricks and tools relevant to their business.
Choose among various software to support their recordkeeping.
Banking Services - designed for small businesses
After completing this module, the participants will be able to:
Recognize the most common banking services for small businesses, including merchant services, payroll processing, business credit and others.
Understand how other small business owners decide which banking services to use.
Evaluate the applicability of each of banking service to their business needs.
Credit Reporting - demystified
After completing this module, the participants will be able to:
Understand how credit reports are used in the underwriting of business loans.
Apply common business practices and tools to help in proper credit reporting.
Develop strategies to build or improve their business’ credit.
Protect themselves from credit-related scams and know what to do if their business becomes a victim.
Risk Management - planning for what you can and cannot control
After completing this module, the participants will be able to:
Understand the external and internal factors which affect risk for a small business.
Recognize the common warning signs of risk for a small business.
Implement, monitor, and evaluate a risk management plan for their business.
Insurance - choices for businesses
After completing this module, the participants will be able to:
Understand their business’ insurance needs.
Choose the insurance products that are best for their business.
Tax Planning and Reporting
After completing this module, the participants will be able to:
Predict their businesses’ federal, state and local tax liabilities.
Prepare for tax obligations and establish proper accounts.
Obtain the proper licenses for their business and meet reporting requirements.
Selling Your Business and Succession Planning
After completing this module, the participants will be able to:
Incorporate life-cycle issues into their management planning.
Decide the best option for them to exit their business.
Prepare for retirement.
Money Smart for Family/Personal
Module 1: Your Money Values and Influences2 hoursInternal values and goals, external influences, and their relationships to financial decisions.
Module 2: You Can Bank On It3 hours 25 minutesFinancial products, services, and providers.
Module 3: Your Income and Expenses1 hour 45 minutesHow to track income and expenses.
Module 4: Your Spending and Saving Plan1 hour 25 minutesHow to develop a spending and saving plan, and how to prioritize spending when money is short.Module 4: Instructor Guide
Module 5: Your Savings2 hours 45 minutesSaving money for expenses, goals, and emergency.
Module 6: Credit Reports and Scores3 hours 40 minutesCredit reports and scores, building productive credit histories, and repairing and improving credit.
Module 7: Borrowing Basics2 hoursOptions for borrowing money and the costs.
Module 8: Managing Debt3 hours 50 minutesDifferent kinds of debt and ways to manage it.
Module 9: Using Credit Cards1 hour 50 minutesHow credit cards work and how to manage them.
Module 10: Building Your Financial Future2 hours 35 minutesWays to build assets, including buying a car and getting training and education.
Module 11: Protecting Your Identity and Other Assets2 hours 10 minutesWays to recognize, respond to, and reduce the risks of identity theft, along with strategies for protecting other assets.
Module 12: Making Housing Decisions2 hours 5 minutesDifferent types of safe and affordable housing, including specific information on renting.
Module 13: Buying a Home2 hours 45 minutesThe home buying process, including mortgages.Module 13: Instructor Guide
Module 14: Preparation and Recovery1 hour 40 minutesHow to financially prepare for, and recover from, disasters.
Money Smart for Young People
Buying Decisions
Setting Goals
Budgeting
Savings
Payment Options
Introduction to Investing
Charitable Giving
Exploring Careers and Income
Digital Tools -
Ages GRADES 6 - 8
Earn
Spend -
Save and Invest
Borrow
Protect -
Digital Tools