Generational Wealth Enterprises
Business
Development Program
Generational Wealth Enterprises
Business Development Program
This payment is to start the program. During this time, we will prepare you for phase one of the program and complete the opening session which includes:
Information on how to obtain your LLC.
How to obtain your EIN.
How to gain access to your business credit scores.
Information session on the business credit bureaus.
Access to the business development checklist.
Month by Month Program Breakdown
We will prepare you for phase one of the program and complete the opening session which includes:
Information on how to obtain your LLC.
How to obtain your EIN.
How to gain access to your business credit scores.
Information session on the business credit bureaus.
Access to the business development checklist.
Month by Month Program Breakdown
Opening Session: Cracking the
Business Code
Informational session 15 minutes to answer any questions regarding your business development program and to provide you with your first task list. During this month, our focus is on the set up and understanding of the industry.
Month 1 :
The Perfect Set Up
During this month, we focus on building business credit and making sure you understand what it is and how to use it to your advantage.
Month 2:
The Cash Flow
Informational session 15 minutes to answer any questions regarding your business development program and to provide you with your first task list. During this month, our focus is on the set up and understanding of the industry.
Month 3:
Funding Options
(How to Secure the Bag)
Finding the right type of funding for your business.
Month 4:
Getting the Paper
Applying for Funding - We have been building together for several months now. It’s time to apply for funding.
Month 5:
Let’s Make Bank!
We will focus on making major purchases for your business, how to generate income, setting yourself up on payroll, and expense reporting.
Opening Session: Cracking the
Business Code
Informational session 15 minutes to answer any questions regarding your business development program and to provide you with your first task list. During this month, our focus is on the set up and understanding of the industry.
Month 1 :
The Perfect Setup
During this month, we focus on building business credit and making sure you understand what it is and how to use it to your advantage.
Month 2:
The Cash Flow
Informational session 15 minutes to answer any questions regarding your business development program and to provide you with your first task list. During this month, our focus is on the set up and understanding of the industry.
Month 3:
Funding Options
( Secure the Bag)
Finding the right type of funding for your business.
Month 4:
Getting the Paper
Applying for Funding - We have been building together for several months now. It’s time to apply for funding.
Month 5:
Let’s Make Bank!
We will focus on the ins and outs of making major purchases for your business, how to generate income, setting yourself up on payroll, and expense reporting.
We will focus on:
Registering with the state if applicable.
Obtaining your EIN or reviewing yours if you have one.
Obtaining your UEI number and registering with SAMS.gov
Discussing the industry and why you feel the need to start a business.
Reviewing licensures, bonds, and insurance if applicable.
Your Business Address and what is a virtual address. Why you should not use your home address.
Obtaining a business phone number.
Registering for NAV and reviewing your business credit profile.
We will primarily focus on:
Starting the brand! Developing your logo, website, and social media account.
Setting up your business bank account and where to go. Yes, you can set up accounts anywhere, however, certain financial institutions provide you with more perks. We will guide you to the best places to open an account.
Opening vendor accounts, how they work and why you need them.
Registering for Self for Business.
We will primarily focus on:
Preparing for slow seasons.
Preparing for disasters.
How to spread out your funding.
Obtaining grants instead of just loans.
Preparing for major purchases.
Knowing what you need before you get it. Pre-budget.
Business plan development.
We will primarily focus on:
What type of loans and credit lines fit your business.
Knowing what the banks look for when you apply.
Preparing yourself for access to funding.
Matching your budget with your funding options.
Having a loan exit strategy, preparing for payoff.
We will review:
Funding options for business loans and business credit.
Applying for funding.
What funding requires a PG (Personal Guarantor).
How funding for business differs from personal funding (utilization, payment plans, payoff).
QUESTIONS?
LET'S CHAT ON A FREE DISCOVERY CALL
Lekisha Young, MFA
I am Lekisha Young, a published author, as well as a serial entrepreneur. As the owner of Generational Wealth Enterprises, my goal is to share the knowledge I have, whether it be with automation, AI, funnels, etc. to all entrepreneurs out there who don't know the first step to take for their business. Let's turn your vision into reality!
©2022 GENERATIONAL WEALTH ENTERPRISES
WEEKLY NEWSLETTER
©2022 GENERATIONAL WEALTH ENTERPRISES
WEEKLY NEWSLETTER