FINSYNC

Your small business needs an emergency fund! Unexpected expenses can catch any small business off guard. Whether it's a sudden equipment breakdown or an unexpected tax bill, having an emergency fund is essential. 🛡️ Here's how to build your emergency fund: 📒 Create a Budget: Review your income, expenses, and discretionary spending. 🎯 Set a Savings Target: Aim to save enough to cover 3-6 months of operating expenses. 🏦 Automate Your Savings: Set up automatic transfers to ensure you consistently contribute to your fund. An emergency fund provides financial security, allowing you to focus on growing your business without worrying about potential financial setbacks. Read more: https://bit.ly/3VYGQg6

I'm so excited to announce that I'm the 2nd place grant recipient of the Create FW x CO.STARTERS Accelerator powered by PNC Bank. It's truly an honor and a big win for others to see the hard work that you pour into your business to generate desirable results. Thank you Create FW, CO.STARTERS by FINSYNC and PNC!

Starting a new business? Managing your finances effectively is key to success. Set a budget, keep personal and business finances separate, and regularly analyze your cash flow. Swipe through for essential financial tips for new small business owners.

🎯 Have a big idea or even a minimum viable product but not sure what the right next steps are to start or grow your business? If that’s you, CO.STARTERS by FINSYNC can help. In today’s #AskAllieAnything, discover how CO.STARTERS will take you from idea to implementation. Led by experienced facilitators and founders, you'll work and learn alongside peers in a supportive, collaborative environment, and receive honest feedback designed to help you succeed. Come see for yourself: join us in July for the next CO.STARTERS Bootcamp! 👉 Register here: https://lnkd.in/gGegxfuU

Want to learn how to start and scale a company? Join us tomorrow as Enoch Elwell, founder of Treetop Hideaways, shares his proven formula for launching and growing a thriving business— a method that has helped over 27,000 aspiring entrepreneurs. In this session, you'll: • Understand what's driving you • Explore your idea with our Business Canvas • Refine your business model • Learn how to get meaningful customer feedback • Take the first steps to pursue your idea today Don't miss out on this opportunity to gain valuable insights and tools to kickstart your entrepreneurial journey. RSVP here: https://bit.ly/3XFiAlF

🔍 What is a Business Line of Credit? A business line of credit provides immediate access to funds when you need them most, offering flexible repayment options tailored to your cash flow needs. It helps manage short-term expenses, improve cash flow, and boost business growth by seizing new opportunities. Want to learn more? Discover the top benefits and how a business line of credit can solve your cash flow problems: https://bit.ly/45w8cOZ

Strong financial management is the foundation of any successful business. It ensures stability and sets the stage for growth. Here’s how to manage your finances effectively: 🏦 Essential Practices: Open a separate business bank account to keep your financial records clean and manage your cash flow efficiently. 🛠️ Tools and Software: Use financial management software like FINSYNC to handle everything from invoicing to expense tracking. These tools should be user-friendly for non-experts. 💵 Healthy Financial Practices: Regularly check your financial reports to understand your business’s financial health, cut unnecessary costs, and plan for future needs. Strengthen your financial management practices and more: https://bit.ly/3XNLxvR

#SmallBusinessSupport is empowering. Through our tools at WaFd Bank and strategic partnerships, we host a robust toolbox to in turn empower our business community. Through FINSYNC's CO.STARTERS program, I am training to be a facilitator to deliver impactful education to help drive success to Southern Arizona start-ups and scale-ups. Today we doodled what a facilitator looks like. For your enjoyment, I shared mine below. It boils down to being a #CommunityConnector and #IgnitingIngenuity. Here are my tips: 🔹 Focused; maintains a dedicated idea and helps those around them contribute to a shared vision. 🔹 Active Listener; maintains a pulse on the conversation, asking relevant probing questions and empathetically listen to responses . 🔹 Approachable; maintains the value of new ideas and recognizes the contributions of all. 🔹 Confident; maintains authenticity and pride in their approach and values. 🔹 Community Steward; recognizes the value in lived experiences and celebrates diversity and the benefits it brings to a vibrate community. More to come, stay tuned. Travis Duran | WaFd Bank #TucsonCampbell109 3286 N Campbell Ave Tucson, AZ 85719 520-293-7912 | travis.duran@wafd.com #BankersGonnaBank #SupportSmallBusiness #WaFdWins WaFd Bank is a member FDIC and Equal Housing Lender

Did you know that our online academy offers FREE weekly workshops designed to help aspiring entrepreneurs start and scale their businesses? Join Drew Peterson and Collette Jackson this Thursday for our Financial Foundations workshop, where you'll learn the basics on budgeting, cash flow management, financial forecasting, and more! Register here: https://lnkd.in/eagRmbyU

We are proud to announce the graduation of nine dedicated non-profit organizations from our first-ever “CO.STARTERS for Causes” cohort from Pasco Economic Development Council's SmartStart program! Over nine weeks, these organizations gained vital skills to help them scale and meet the demands of our growing community. A special thank you to the VINIK FAMILY FOUNDATION and United Way of Pasco County for their generous donations to our graduates. 🎓 Graduates Include: One Community Now Inc. NAMI Pasco Marjorie’s Hope LILLY Education Foundation Nature Coast Community Development Corporation ER Project Extreme/End Recidivism Sunrise of Pasco County Domestic & Sexual Violence Center The 502 Project ChipZ and Meals on Wheels Pasco Read more about their journey and impact here: https://lnkd.in/esXBzw5y