Reprinted from Upstate Business Journal
People looking to successfully start or grow a small business must strive to maintain financial wellness.
This concept refers to a person’s ability to effectively manage their personal and business finances to meet their short- and long-term goals.
CommunityWorks, a statewide nonprofit lending institution, offers a free program to entrepreneurs who wish to improve their financial wellness. The program aims to help clients follow a clear action plan to earn, save and spend money that aligns with their values and future vision.
The program targets minority business owners at any stage of their entrepreneurial journey. For example, someone in the ideation stage of starting a new business can seek coaching to receive guidance on how to get their finances in check. Established entrepreneurs can also request coaching if they don’t have the tools to scale their business.