Financial basics

A lender does not expect a small business applicant to have the same financial expertise as the owner or financial manager of a larger company. But if you are applying for a loan, you’ll make a much better impression if you have picked up enough knowledge of financial fundamentals to be able to explain your own financial statements, even if you relied on an accountant or bookkeeper to prepare them. CEDF’s mission includes educating small business owners and entrepreneurs with courses like their free online Bookkeeping Basics course at WeTeachSuccess.org.