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Creating Your Operational Budget
December 28, 2020 @ 1:00 pm - 2:00 pmFree
To register, please click: ntv.bz/budget
Join us to learn how to create a simple operational budget for next year. The National Congress of American Indians has partnered with Google to deliver over $1,000,000 of small grants for Native entrepreneurs. When applying for the grant, the NCAI Stabilization Grant program for Native-Owned Small Businesses Impacted by the Coronavirus Pandemic requires that you complete an operational budget. We want to make sure that you are prepared to apply.
In this webinar, we’ll discuss the budgeting process and use IDRS’ Cash Flow projection tool to develop a budget for next year that you can use in your grant application. You will learn how to estimate sales and expenses and where you can go to get information that you can use in creating your budget. And because creating a budget is an important business planning tool, the principles in this workshop will be helpful for your business whether you decide to apply for the grant or not.
This workshop is FREE and OPEN to ALL community members. The workshop will take place on Monday, December 28th at 11:00 am Pacific / 12:00 pm Mountain / 1:00 pm Central. This workshop will be delivered online utilizing the Zoom platform. The workshop can be taken on computers and smartphones.
About our presenter:
Mark Thompson serves the Executive Director of Indian Dispute Resolution Services. He also guides the IDRS Acorn Project, IDRS’ microenterprise development program, where he provides entrepreneurial training and technical assistance to Native American entrepreneurs and works with businesses operated by Native American tribes to conduct feasibility studies, develop business plans, establish internal accounting procedures and secure grant funding to further economic development through the creation of small businesses in Indian Country.
Outside of his work for IDRS, Mark has formally been involved in several small businesses including a real estate company, a restaurant, and a mobile disc jockey service. Mr. Thompson received his BS in Business from University of California, Berkeley and completed the Juris Doctorate degree from the University of the Pacific, McGeorge School of Law in Sacramento. He lives outside Sacramento, California where he and his wife Mandi operate a small horse boarding facility and are raising two children, Zane and Marina.
This workshop is being funded in part by the USDA Rural Development, the Small Business Administration, and the California Governor’s Office of Business and Economic Development.