Weather the Storm with Financial Mastery Training Program at Thurston EDC

Daniel Lowe is the instructor of Financial Mastery. Lowe is the owner of Daniel Lowe & Associates, a South Sound area business consulting firm specializing in helping owners improve their finances. Photo courtesy: Thurston EDC

Submitted by Thurston EDC

Beginning June 26, the Thurston Economic Development Council’s (EDC) Center for Business & Innovation (CB&I) will offer “Financial Mastery” as part of our ScaleUp Training Series.

Do you know if your business is really making money?  Are you always short of cash but your business seems to be going well? Do you want to grow your business, use it to fund your retirement, and attract lenders and investors?  Do you want to build your business to a financially strong and stable enterprise that is your greatest asset? Then Financial Mastery is how you can learn how to do all of this and more.

In Financial Mastery you will gain tools you can use to make better decisions with foresight confidence.  You’ll learn how to understand your financial statements, build a business model and project cash flow.  You will be able to evaluate the profitability of your marketing plan and make adjustments to have the profits you desire.  You’ll learn how to set benchmarks so you can measure your business performance and make adjustments for better results.  As you grow your business good financial management becomes increasingly important to you as an investor and to banks when you need a loan.

Financial Mastery is a 4-week course that includes:

  • Four 3 1/2-hour class sessions on Zoom
  • Valuable interaction and shared learning with other business owners
  • Opportunity for one-on-one business advising

Financial Mastery will teach you how to:

  • Better understand your profit and loss statement and balance sheet
  • Recognize your key financial drivers
  • Plan profits and growth with positive cash flow
  • Find and control hidden cash flows
  • Build financial strength for future value

The cities of Lacey, Olympia and Tumwater support small business growth by providing scholarships to ScaleUp participants. Learn more at ScaleUpThurston.org.

WHO: Thurston EDC Center for Business & Innovation
WHAT: ScaleUp’s Financial Mastery
WHEN: June 26, July 3, July 10, and July 17 8:30 a.m. – 12:00 p.m.
WHERE: These are virtual classes.
COST: $533, however scholarships are available for businesses located in Lacey, Olympia and Tumwater.
REGISTER: Email rnorskog@thurstonedc.com or call 360-464-6060 to register today!
FOR MORE INFORMATION: Contact James Davis at 360-464-6051 or jdavis@thurstonedc.com.
Sponsored by: TwinStar Credit Union
Program Partners: The cities of Lacey, Olympia and Tumwater

About the Thurston Economic Development Council and Center for Business & Innovation:

The Thurston Economic Development Council has been supporting a strong economy in Thurston County since 1982 with a mission to create a dynamic and sustainable economy that supports the values of the people who live and work in Thurston County. At the foundation of the work we do are three main principles: recruit, retain, and expand.

We work to maintain the health of local businesses by offering technical assistance, and providing advocacy on their behalf. We present market opportunities to Thurston County employers, providing support for them to expand their operations. We actively attract investment and employment opportunities into our region through outreach, promotion and trade missions.

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