Financial Workshop

• Understanding how much money you need
• Negotiating to save money – a framework
• Collecting money and making a profit – its a learn-able art
• Forecasting for succes

Entrepreneurs often learn in hindsight what is actually needed to successfully launch a company. The goal of this session is to set the stage for getting a clear and measurable picture of what you really need. Participants will walk through examples of how to identify needs, and put together a realistic forecast for what it will take to launch a successful venture.

• Understand how much you should borrow
• What loan type is best for you
• Loan sharks: How to avoid predatory lenders

Finding money to help establish or grow your company is a complicated topic many avoid. Knowing what you really need in the form of capital, and what you have to pay to get it can be the difference between succeeding in business or failure. Participants walk through real examples of the cost of borrowing money, and how it impacts business operations.

• The basics for measuring your hard work
• Importance of understanding your financials
• Building a real asset
• Connections: Relationships for success

Most business owners think having positive cash balance in their accounts at the end of the month means success. In reality, success is knowing you are creating a valuable asset for the future. Participants will learn how to measure financial success of their business, and how to ensure future success through the right financial partnerships.

• Entrepreneur in Residence at the HCC NW Center for Entrepreneurship
• President, HCC Foundation
• Faculty & Mentor for 10,000 Small Businesses
• Entrepreneurial Curriculum Developer & Advocate

David Regenbaum was Owner and Operator of Association Management, Inc. (AMI) from 1979-2010. AMI achieved remarkable growth and prestige under his leadership for over 36 years, resulting in AMI becoming the leading community association management firm in Texas, managing over 300 communities consisting of over 100,000 homes and commercial units. Many of his innovative management philosophies and practices have become industry standards. In 2010, he sold AMI to FirstService Residential Houston, the largest community association management company in America. Regenbaum then served as President of FirstService Residential Houston for the next four years, before “retiring.” Much to our benefit, David’s altruistic encore career is dedicated to empowering Houston’s startup and existing small business owners and to instilling entrepreneurial skills in the greater Houston area workforce through Houston Community College!

Rebecca Schultz has two decades of lending experience, with a focus on commercial lending and business banking. Schultz has dedicated a majority of her time assisting business owners with access to capital and business growth. As an experienced entrepreneur, Schultz owned two businesses for many years, a retail store and a full-service day spa. In 2014, both businesses were sold and Schultz returned to her passion, helping small business owners. As a commercial loan officer for TDECU, Schultz’s goal is to develop valuable relationships that support both the clients she serves and the community that depends on them. Schultz serves as a financial educator to the community focused on building better credit for entrepreneurs. As a certified credit counselor and financial analyst, she provides energetic and engaging seminars for individuals that are serious about securing their future and gaining access to capital.

“I have been on both sides of the table in business. Having been a banker for over 20 years dedicating my energy to helping consumers and business owners manage their assets to achieve financial goals. Like participants, I have also worked through the challenges of building, managing, and exiting my own small business ventures. I wanted to create a financial program that shared bits of wisdom entrepreneurs could use to cut through obstacles that minimize financial success. My goal is to provide valuable insight and training that will launch participants into a whole new realm of success quickly.” Rebecca Schultz