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Small Businesses contribute 55% to the GNP of the United States, pay 70% of federal taxes, and are the largest growing sector of the economy. The Problem Although small businesses are the largest contributors to the economy, they experience a failure rate of 80% during the first five years. Half of the survivors fail over following three years. The major reasons for failure are lack of sufficient capital, business knowledge, and no exit planning.The Solution In its 28 years of working with businesses, FMC Financial Services, Inc. has identified the necessary business components and provides the solution by providing financing, knowledge, and exit planning. Business success and wealth are achieved at a 90% success rate. Financing Since capital is not easily accessible to emerging businesses, FMC Financial Services, Inc. has developed a variety of financing solutions using federal programs and equity capital. Financing includes 7-a, 504, B&I, SBIC, MESBIC and private investment capital. Knowledge The most important behavior distinguishing an entrepreneur from a business owner, is that an entrepreneur takes responsibility to understand the “business side of the business”. Failing that, they just own a job with all the related debt. Seminars: A series of thirteen essential business seminars and are offered on a regular basis. Examples are “Your Access to Capital”, and “The Five Biggest Mistakes in Business and How to Avoid Them”. FMC School of Business for Business Owners: FMC Financial Services, Inc. employs a distinctive teaching method developed from years of practical experience and problem solving. Three semesters are offered, and a background in accounting and finance is not required. Exit Planning Put simply, Exit Planning is about leaving your business on your own terms. It is one of the most essential parts of your overall Business Plan, and ensures you will receive the maximum financial return for your business and minimize you tax liability. Eventually every business owner will exit their business even if it is “feet first”. FMC has developed a proven system that assures an orderly transfer of ownership when you leave your business while realizing the maximum wealth for your hard work. Senior Management To assure that the highest quality of advice and service is available to our clients, seasoned professionals, having a combined 177 years of experience are ready to assist. Value Added Services Business Plans, Business Models, and Business Valuations Exit Planning, ESOP, Business Brokerage, Franchising Business Turnarounds 8-a Minority Business Contracting, Business Education - Business School.
fmc financial services index page graphic fmc financial services index page graphic
fmc financial services index page graphic
fmc financial services index page graphic fmc financial services index page graphic fmc financial services index page graphic fmc financial services index page graphic fmc financial services index page graphic
fmc financial services index page graphic

Business School Outline of Classes

SECTION 1: OVERVIEW OF BUSINESS PRINCIPLES, AND ACCOUNTING

  • Class 1: The Small Business: The Economy and Small Business, Reasons for Failure, What Qualifies as a Small Business, The Language of Business, Concepts of the Business Journey, Exit Strategy: Preparing your Company for Exit, Succession Planning, Selling your Company to Third Parties, ESOP, Legal: What Business Structure is Right for you? Buy Sale Agreement, Shareholder Agreement, Company Papers, Landlord’s Subordination
  • Class 2: Accounting Part 1: GAAP, Opinion Letters, Types of Financial Statements, Standards and Oversight, Accrual vs. Cash Accounting, The Balance Sheet and Schedules, Net Worth Reconciliation, Accounting Part 2: Income Statement, and Cash Flow Statement Using the Indirect Method

SECTION 2: HOW TO READ FINANCIAL STATEMENTS, AND HOW TO USE FINANCIAL RATIOS TO MANAGE YOUR BUSINESS

  • Class 1: Financial Gauges, Interpretation of Financial Ratios and Practical Application, Industry Analysis, Breakeven, Value Curve
  • Class 2: Business Modeling and Valuation

SECTION 3: HOW TO FUND YOUR BUSINESS

  • Class 1: Debt and Equity Financing Programs Available to Small Businesses
  • Class 2: Preparing a Winning Application for Financing

SECTION 4: USING GOVERNMENT CONTRACTS TO INCREASE REVENUES

  • Class1: Types of Government Contracts, and How to Become Government Certified
  • Class 2: How to Find and Win Government Contracts
 
fmc financial services index page graphic


fmc financial services index page graphic
fmc financial services index page graphic
fmc financial services index page graphic fmc financial services index page graphic fmc financial services index page graphic fmc financial services index page graphic fmc financial services index page graphic
 
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