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Topics to be covered:
• Business startup considerations:
1. Strong Detailed Business Plan with assumptions.
2. 12-24 months of Projections-Revenue, Expenses, Profit/Loss, with assumptions.
3. 12 months of working capital-expenses.
4. Start a relationship with a CPA—worth the investment.
5. Prepare monthly financial statements, diligently.
• SBA financing options.
• Leasing options.
• Lines of Credit.
Speaker:
Carmine DeCicco
Sr. Business Development Officer
SAFE Credit Union
• Began banking career in 1968.
• Worked at many jobs at B of A for 30 years, Credit Card Division, Payroll Sales Division, Branch Management and as a Relationship Manager for business clients. Also various credit lending assignments including Consumer, Business, Commercial Real Estate and SBA.
• From 2000 to 2010 worked as a Business Development Officer and Relationship Manager for 2 banks working with medium to large business clients in my portfolio.
• Joined SAFE Credit Union in 2010 as a Sr. Business Development Officer generating Commercial Real Estate loans and SBA loans. Also, active in training/coaching Business Banking Officers.
Wednesday Feb 15, 2017
10:30 AM - 12:00 PM PST
Wednesday, February 15th
10:30am-1:00pm
No Cost
Jessica Weeks
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