Start Strong: helping new and early stage businesses grow from $0 to 100K
Grow and Scale: helping existing businesses reach $250K in consistent annual revenue
Dedicated Business Mentor to walk with you for personal interaction
Provide accountability to follow a Goal & Budget Plan (that we help you develop if you don't already have these)
Credit Counseling & Building (to exceed personal credit score of 720+ and a business credit score of 80+)
Back Office Services to Help You Operate Your Business, from as low as $10 per month!
Savings and Micro-Funding Program for access to capital.
PREREQUISITES: Completion of and referral from an approved program (Spark Tank, Cortex's Square One, WePower, Beyond Housing's Biz Smart, or our ROOTED program). In the alternative, consistent active participation in the monthly Business & Wealth Growth Group will satisfy the prerequisite.
Members fully govern the program. A constitution is drafted, officers are selected, and the entire membership decides upon the final rules for the cycle. Members hold one another accountable to the constitution, for the betterment of the whole group.
Members make bi-monthly savings deposits towards their business into a dedicated INVEST CHANGE account.
According to the terms of the constitution, members may apply to their fellow group members for 0% interest micro-loans per constitution guidelines. Approved loans may be matched up to 5x through banking partners, private donors, corporate and faith-based partners. Members repay loans based upon pre agreed upon repayment terms as outlined in the constitution.
At the end of the cycle, members withdraw their savings or recommit for a new cycle.
Membership fee of $100 (with $50 refundable upon completion).
Marketing platform starting at $10/month
Bookkeeping starting at $50/month
Marketing support starting at $50/month
Operation support starting at $40/month
Long term and 1-year goals
Annual goals broken into Quarterly benchmarks; Benchmarks broken into 2 week Sprints
Encouragement and accountability to ensure continuous efforts
Help to work through roadblocks and overcome obstacles
Every member must have an annual budget. If needed, one can be created for members who don't have a budget.
Members receive assistance tracking actual budget progress.
Assistance to create monthly financial reports (P&L, Balance Sheet, Cash Flow) if needed