Financial Modeling for Startups & Understanding Your Credit Card Processing Options

By Small Business Development Center hosted by Santa Monica College

Date and time

Tuesday, August 26, 2014 · 7 - 9pm PDT

Location

Bundy 121

3171 S Bundy Drive (at College Drive; CHECK WHITEBOARD AT FRONT ENTRANCE FOR ROOM. Los Angeles, CA 90066

Description

o Raising money? To understand the value of what they are getting, investors want to maximize their return and minimize their risk. Your job is to appeal to their greed and minimize their fear—but their biggest fear is YOU! You need to demonstrate that you understand business and your business model, that you know how to make money, and that you can be trusted. Learn how to build and understand your financial model so you can demonstrate credibility by presenting it to investors and win their confidence in you.

o There are many merchant service providers to choose from and it is hard to know what rates and fees your company is actually going to get charged. Learn how different pricing models can affect your business expenses and how to avoid getting stuck in a long-term contract with high rates and fees.


Instructors: Edward Pakdaman, Mark Wald

Organized by

The Santa Monica College Small Business Development Center is part of a 38-center network throughout California. These centers all function to serve the small business owner and entrepreneur. The SMC SBDC offers a wide variety of services for present and potential small business owners. Counseling services are confidential and free of charge.

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