Microenterprise Training Program
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What is it?
EBAC's Microenterprise Training Program (MTP) is operated under a contract recently awarded by the City of Los Angeles Community Development Department. This training component is specifically catered to the owner of an established business who would like to focus on business stability in areas such as:
- Developing an effective management team.
- Analyzing cash flows.
- Access to capital
- Strategic planning for growth
The Microenterprise Training Program (MTP) mainly takes the form of on-site training, supplemented by workshops and classroom training. Barrio Planners staff conducts a business diagnosis during the initial site visit to identify the areas that the client needs most training on. Based on the diagnostic report, a team of business consultants (consists of BPI staff and participating consultants) will be assigned to the client for on-site training and technical assistance.
Eligibility
There are a few criteria that must be met in order to participate in the EBAC Microenterprise Training Program. They are the following:
- Business must be located in a specific area of City of Los Angeles
- Business has an annual sales level of less than $500,000.
- Business has five or fewer employees.
- Must be an established business.
Program Benefits
As one of our clients, you are given the opportunity to attend our four week class on how to effectively operate your existing business.
- One-on-one private consulting from a list of approved consultants designed to help increase business profitability at no cost to our client.
- Any research necessary to help increase sales for your business is done at our facility, and relayed directly back to you.
- Our services are free of charge to you.
What's required to participate?
Our consultants need to meet with you in person to do a business operation assessment in order to determine what kind of assistance you need and what area of your business needs reinforcement (approx. 2 hrs). Must provide documentation such as copy of business license, tax returns, and ID.