BUSINESS RESOURCES
Starting & Launching Your Business
So, you have an idea for a product or service and want to start your own business! Or maybe you already own a business but need some guidance in a few different areas. That’s great! Chances are, you may not know where to begin. If that’s the case, not to worry! This section will help you understand everything you need to know about starting your business and successfully launching your product or service. Anyone who has ever created a business had to start somewhere; every business owner and entrepreneur has a genesis. What’s yours? Let’s build your business together.
Access to Capital
Accounting & Tax
Business Formation
Business Strategy
Running & Growing Your Business
Being an entrepreneur is risky – it takes guts! It takes the belief in yourself and the belief in your abilities – starting and launching a successful business is not for the fainthearted. But once you’ve started and launched your business, you need to understand the keys that go into maintaining the living and breathing entity that you’ve created. In this section, we dive into the details of running the daily operations of your business, the key elements needed to grow and scale, and how they are all interconnected. Are you ready? Let’s go.
Accounting & Tax
Business Strategy
Financial Advisory / Wealth Management
Growth and Expansion
HR & Payroll
Project Management
Real Estate / Office Space
Supply Chain & Manufacturing
Talent & Staffing
Exiting & Selling Your Business
Congratulations, you did it! You launched your product or service, scaled it, and built a successful, profitable business. But now what? If you’re an entrepreneur within a family business, you may want to have a succession plan in place. If you plan to sell your business, you may want information on the different avenues and integral parties needed to achieve your exit strategy goals. In this section, we tackle the preparation and execution of business ownership transitions to either another company or investors, diligence required to acquire or be acquired, and how your family-owned business can continue to thrive with a proper succession plan. Ready to move on from what you’ve built? Let’s dive in.
Financial Literacy Curriculum
Welcome to the Genesis Bank Institute for Entrepreneurship’s Financial Literacy and Entrepreneurship Curriculum. This is a 12-module course built to prepare you for financial success, whether that’s in running your business or your personal life. We want you to be secure and confident in your financial decisions, so that you may lead a fulfilling and financially smart life. The course covers the following:
- Module 1: Program Introduction
- Module 2: Financial Products, Services, And Providers
- Module 3: Income & Expenses, Spending & Saving
- Module 4: Credit Reports & Scores
- Module 5: Borrowing Basics
- Module 6: Managing Debt
- Module 7: Using Credit Cards
- Module 8: Building Your Financial Future
- Module 9: Protecting Your Identity
- Module 10: Making Housing Decisions
- Module 11: Buying A Home
- Module 12: Disasters – Financial Preparation & Recovery
There are many impediments that currently exist in helping the next generation of business leaders be successful in both their personal and professional lives. There are even more challenges for minority business owners and low-to-moderate incomes communities in achieving financial well-being. As a part of Genesis Bank’s commitment to community, Diversity, Equity & Inclusion, and our mission to serve those who have been overlooked by the antiquated/traditional banking system, we built this financial literacy curriculum to empower the next generation of business leaders to take control over their financial health and make better financial decisions.
DISCLAIMER: These training materials are intended as general guidance only and may or may not apply to a particular situation based on the circumstances. The materials do not create any legal rights or impose any legally binding requirements or obligations on Genesis Bank or the Genesis Bank Institute for Entrepreneurship. Genesis Bank and the Genesis Bank Institute for Entrepreneurship make no claims or guarantees regarding the accuracy or timeliness of this information. The content of this training material is not designed or intended to provide authoritative financial, accounting, investment, legal, or other professional advice that may be reasonably relied on by its readers. If expert assistance in any of these areas is required, readers should seek the services of a qualified professional. Reference to any specific organization, commercial product, process, or service by trade name, trademark, manufacturer, or otherwise does not constitute an endorsement, recommendation, or preference by Genesis Bank or the Genesis Bank Institute for Entrepreneurship.