COVID-19 Economic Recovery
Zoom your business forward!
Free Small Business Financial Training
- Want to better manage your finances?
- Confused about terms like: revenue, expenses, profit and loss, and financials?
- Would you like to learn more in a supportive, step-by-step environment?
Join our free workshops via Zoom and Move Your Business Forward!
View our intro video for a brief overview
What to Expect
- Learn how to access funding (grants and loans) and strengthen your business.
- Learn how to use QuickBooks Online in a supportive environment.
- If you don’t subscribe to QuickBooks Online yet, you will receive guidance before the first session on how to sign-up.
- This training also includes a Business Bookkeeping Toolkit™ with terms/vocabulary, NMGRT tax-rate schedule, taxes infographic with due dates and bookkeeping FAQs.
Tentative Course Schedule
- Monday 3/15/2021 2p-4p Intro to Financial Concepts, Record-keeping & Taxes, QuickBooks
- Monday 3/22/2021 2p-3:30p What do you sell? Products/Services and NMGRT
- Monday 3/29/2021 2p-3:30p Understanding your Chart of Accounts
- Monday 4/05/2021 2p-3:30p Accurately Categorizing Transactions
- Monday 4/12/2021 2p-3:30p Reconciling Accounts (Checking/Savings/Credit Cards)
- Monday 4/19/2021 2p-3:30p Deep Dive into Checking/Credit Card Accounts
- Monday 4/26/2021 2p-3:30p Understanding Financial Reports (Profit & Loss, Sales Tax Liability)
Each session will focus on one topic and participants can then work on their own data individually, guided by a coach.
Each participant will be able to join a private break-out room to ask questions specific to their bookkeeping issue.
Attending each training session will help participants get the most out of this course.
Need help with Zoom?
It will be helpful to know how to join Zoom by computer, turn camera off/on, use Mute and join Breakout Rooms. Zoom details will be sent upon registration.
This course will be taught by Julianna Silva. Julianna is committed to helping New Mexicans realize economic vitality through her work to support both small business ownership and policies that enable families to thrive. A graduate of the UNM Anderson School of Management, she forged her path in entrepreneurship from her own consulting practice and co-ownership of a family business. She offers small business owners compassionate listening and guidance to help them keep up with all things relating to owning a small business.
Funding Opportunities for Small Businesses
The Paycheck Protection Program (PPP) resumed on January 11, 2021. It provides loans to help businesses keep their workforce employed during the Coronavirus (COVID-19) crisis. The Small Business Administration (SBA) is currently offering:
- First Draw PPP Loans for first time program participants
- Second Draw PPP Loans beginning January 13, 2021 for certain businesses who have previously received a PPP loan
Other PPP information
- 7 Resources for PPP Loan Forgiveness Help
- Lender Match helps you connect with SBA approved lenders
- How and when to apply for PPP loan forgiveness
Resources for Reopening
- Increasing your online presence
- Guidance for reopening and following regulations
Local Business Resource Organizations
- Grow It! was created by the New Mexico Municipal League in partnership with Finance New Mexico. The project’s goal is "to stimulate private sector job development in New Mexico by putting information about business resources directly into the hands of entrepreneurs." The website lists business resources by proximity to each municipality. Many municipalities have also posted links to their business registration applications and business related ordinances on this site.
- SCORE provides resources for small businesses such as free mentorship, webinars, workshops, and other ongoing support for Bernalillo, Torrance, Valencia, and Sandoval Counties.
- The US Small Business Administration (SBA) Disaster Assistance webpage lists various Coronavirus funding options, Coronavirus recovery information in languages other than English, guidance for businesses and employees, and local assistance.
- NMEDD hosts information about recent grant and loan opportunities on their COVID-19 New Mexico Business Resources page.
- Buy for Tomorrow Today hosts a list of local businesses and provides visitors of the site the option to shop online or purchase gift cards from many local businesses.
- The Small business Development Center at CNM is hosting various webinars and trainings in response to COVID-19.
- WESST Rio Rancho provides services to Sandoval County residents interested in starting or growing a business. They offer consulting and training in a variety of topics including business finances, business technology and strategic business issues.
- The New Mexico Small Business Development Center (NMSBDC) has help for businesses impacted by the COVID-19 health emergency. NMSBDC is prepared to help businesses navigate through these uncertain times. They have counselors available and also provide trainings on new federal programs.
- Co-operative Catalyst of New Mexico serves as a resource for individuals, groups, companies, and other organizations in New Mexico that are interested in forming, converting to, or growing cooperatives. They follow a proven process to help cooperatives form, grow, and succeed. They provide training, education, and mentorship, and connect current or potential cooperatives to other resource providers, including financing.
Resources for Communities
- The National Association of City Transportation Officials (NACTO) has released a Streets for Pandemic Response and Recovery guide.
- The New Mexico Department of Health has helpful COVID-19 information and resources.
- The Regional Planning staff at MRCOG have prepared a document that contains assembled best practices and tips for facilitating outdoor dining in response to the regulations brought on by COVID-19.