The national Small Business Week logo may feature a series of storefronts, but as a leading nonprofit financial counselor for small business owners, we know that many of them operate outside of Main Street, USA.
Maryland has more than 580,000 small businesses and they all look different. From the farmers hosting the local market you shop at and the person who cuts your hair, to your favorite food truck and the team who plows snow out of your neighborhood – we all rely on small business owners every day. And they rely on us.
We teach business owners how to separate their personal and business finances; understand their personal credit’s impact on their business; utilize a customized financial action plan to better manage a small business; and manage personal debt at the same time.
As a small business owner, having access to a nonprofit financial counselor like Guidewell Financial Solutions can make a big difference in seeing personal and business financial dreams become a reality. We recognize that money management - including spending, saving, and borrowing - is an important life skill, but it’s also important for small business owners at every stage of the business lifecycle.
As we celebrate National Small Business Week this week, we’re offering afree guide to separating personal and business finances – typically the first step for small business owners starting off. The six-page guide explains everything from Employer ID Numbers to financial coaching. We’re committed to supporting small business owners with resources and tools that support their financial wellbeing.
With certified credit counselors and financial education experts guiding individuals, families, and small business owners on money management every day, our team is acutely aware of the financial challenges small business owners face.
Every small business owner counseled by Guidewell Financial Solutions walks away with a financial action plan and a full assessment of their financial challenges. Small business owners can arrange financial coaching in person or on the phone.
Anyone with an interest in making the most of their personal financial goals while starting or growing a small business can connect with us today by visiting www.guidewellfs.org or calling toll-free 1-800-642-2227.
Small business owners can also download our Open for Business Guide to Separating Personal and Business Finances here.