Rowan-Cabarrus Community College Hosts Business Workshop
Rowan-Cabarrus Community College is organizing a complimentary workshop aimed at assisting small business owners with funding and credit readiness. The event is scheduled for Thursday, October 15, from 10 a.m. to 2 p.m. at the Rowan Public Library Headquarters, situated at 201 West Fisher Street in Salisbury, North Carolina.
Megan Johnson, who directs the Small Business Center at Rowan-Cabarrus Community College, emphasized the challenges that entrepreneurs face in securing capital. “Access to capital can be one of the biggest hurdles for a new or growing small business,” she noted. Johnson also pointed out that understanding how personal credit influences funding opportunities is essential for business owners.
Workshop Details and Objectives
This four-hour, in-person workshop is tailored for both aspiring and existing small business proprietors. It aims to equip attendees with the knowledge to identify financing opportunities that can facilitate business expansion and enhance operational effectiveness.
The session will be led by Roxanne Reed, who brings a wealth of experience as an entrepreneur and consultant specializing in credit readiness and capital access. Reed has collaborated statewide with the Small Business Center Network on various initiatives and adopts a hands-on approach to assist participants in becoming prepared for loans.
During the workshop, participants will delve into several key topics, including:
- The impact of personal credit on business financing
- Methods for establishing and strengthening business credit
- Exploration of alternative funding sources
- Criteria lenders consider when assessing businesses
- Strategies for enhancing creditworthiness
- Practical resources for preparing for credit-based funding
Expected Outcomes for Participants
This workshop is designed to provide actionable insights rather than just theoretical knowledge. By its conclusion, attendees can expect to gain:
- A comprehensive understanding of how personal and business credit influences funding opportunities
- Practical strategies for improving personal credit
- Direct insights from banking professionals
- A checklist of necessary documents and benchmarks for funding applications
- Connections with experts for ongoing support in business credit development
Brooke Taylor, Branch Operations Manager at Rowan Public Library, expressed enthusiasm about hosting this workshop. Taylor is among the librarians who took part in NC IDEA’s Libraries for Entrepreneurial Advancement Fellowship (LEAF) program, which aims to empower librarians to assist local entrepreneurs.
“There is a lot of help out there for our North Carolina small businesses,” Taylor said. “Programs like this one are valuable to entrepreneurs in understanding how best to assess the financial options that are available to them.”
Registration is necessary, and space is limited. Interested individuals can register via the provided link. Refreshments from local Salisbury eateries will be available during the event, sponsored by the Rowan Public Library.
Source: Rowan County Government
