Event

Structuring your Business for Success: Safeguard Your Business, Improve Your Bottom Line

Sep 24 12:00 pm — 1:30 pm
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Event Details

As a business owner, you have a passion, vision and competencies for what you do.  You may even know your market like the back of your hand but managing a business is different than doing what you do well. 

Take these statistics for example:

  1. First Year Failure Rate: Approximately 20% of startups fail within the first year.
  2. Five-Year Failure Rate: Around 50% of startups fail within the first five years.
  3. Ten-Year Failure Rate: Approximately 65% to 70% of startups fail within the first ten years.

What separates a successful business starts with its legal structure needed for capital, scalability and the capacity to compete. You’ll learn how your business structure not only can mitigate risk, but also how the structure affects your bottom line — and what it means for choosing or changing your legal structure.

We’ll also touch upon the connection with your business structure and cash management — keeping enough money to keep the business running. This includes how

Whether you’re starting up or considering a business structure change, don’t miss this workshop!

Taught by SBDC Business Advisor Richard Strezo

For 20 years, Richard has participated in every function of SBA lending from origination to underwriting and analysis, processing, approving, and even launching SBA divisions for 3 separate banks. He is a firm believer in the virtues of the SBA product and fully committed to helping small and medium business owners realize their dreams.

Richard received his Bachelor’s Degree from University of Colorado and his M.B.A. from Lake Forest Graduate School of Management in Chicago.

Richard has always had a passion for entrepreneurship because he grew up in a self-employed family; both his mother and sister are small business owners.

The information provided in this webinar and any supplementary materials provided to registrants are intended for educational and informational purposes only and does not constitute professional financial or legal advice. No registrant should act or fail to act on the basis of any material contained in this webinar without obtaining proper financial, legal or other professional advice specific to their situation. The Northern CaliforniaSmall Business Development Center, and its host, the HSU Sponsored Programs Foundation, specifically disclaims any liability, loss or risk, personal or otherwise, which is incurred as a consequence, directly or indirectly, of the use and application of any of the information presented in this webinar. By registering for this webinar you acknowledge and agree that you have read, understood, accept and agree to the above disclaimer and that under no circumstances shall the Northern California Small Business Development Center or it’s host, the HSU Sponsored Programs Foundation, be held liable for any claims, losses, or damages of any kind or nature arising out of or in any way related to the information provided in this webinar and/or the registrant’s use of or reliance on said information.

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