ALB 2025 Banking Basics for Entrepreneurs: Unlocking Financial Success
Banking Basics for Entrepreneurs: Unlocking Financial Success
This workshop demystifies the process of opening a business bank account, guiding participants through the common requirements and knowing what questions they need to ask to ensure their banking needs align with their business goals. Attendees will learn about the variety of banking and credit union products available and how these can be leveraged to save time, reduce costs, or enhance revenue.
Learning Objectives:
Understand the requirements for opening a business bank account.
Identify the questions to ask to ensure banking needs align with business goals.
Learn about various banking and credit union products.
Leverage banking products to save time, reduce costs, or enhance revenue.
Explore advanced banking strategies, including cash management and fraud prevention.
Integrate banking products into business operations.
Navigate the banking system effectively to select the right banking partner and services.
Learn from real-world examples and engage in interactive discussions.
Reasonable accommodations for persons with disabilities and language assistance services are available for limited English proficient individuals. Please notify Marcela Mendoza at mmendoza-palacios@wesst.org when you register for the class, or no later than 24 hours prior to your class, so that WESST can make sure necessary accommodations are available. All programs and services are provided to the public on a nondiscriminatory basis.
Speaker(s): Letticia Flores-Poole, Senior Regional Manager, BMO Letticia Flores Poole is a Senior, Regional Manager, U.S. Zero Barriers to Business program, where she is responsible for supporting the bank’s strategy to assist Latino and Hispanic business owners with access to capital, educational resources and meaningful networking opportunities across BMO Bank, N.A. U.S. footprint and specifically within its Chicago North and Arizona regions. Letticia possesses 25+ years of banking leadership and management experience homed in the personal and business banking industry. In her prior role, as Regional Manager, Bank at Work, Letticia consistently ranked as one of the top performers and displayed a real passion for supporting small businesses, which led to the work that she does today. Letticia is an ignitor, but she is also part therapist, part advisor, part mentor, and part motivational speaker to her colleagues and clients. Letticia serves as the Illinois Chapter Chair of BMO Latino Alliance employee resource group and
Co-Sponsor(s): Made possible through funding from the State Small Business Credit Initiative (SSBCI) Technical Assistance Program managed by the New Mexico Economic Development Department’s JEDI Office and in partnership with BMO Bank, N.A. U.S.
Please Note: THIS CLASS IS BEING OFFERED ONLINE. AN INTERNET CONNECTION AND A COMPUTER (or highly capable tablet-type device) ARE NECESSARY. Video conferencing instructions will be sent to you after you have registered for the class. This training class will be delivered in English.
Fee: No Cost
Funded in part through a Cooperative Agreement with the U.S. Small Business Administration.
All opinions, conclusions, and/or recommendations expressed herein are those of the author(s) and do not necessarily reflect the views of the SBA.