East Orange Workshop Series Presents "Financial Fitness for UEZ Business Owners

BLOOMFIELD, N.J. - Oct. 31, 2024 - PRLog -- Professional Development Workshop Series, "Financial Fitness for Business Owners," set for November 6, 2024. This session, titled "Dollars and Sense: Strategies for Financial Prosperity," will be led by Chevonne "Faiza" Cheatam, EA, MBA, co-founder of Ultimate Financial Services a South Orange-based tax and accounting firm. The workshop provides essential financial insights and actionable strategies, empowering East Orange's UEZ-based business owners with the tools to drive long-term success.

About Session 5: Financial Fitness for Business Owners
In this Financial Fitness Workshop, participants will explore key financial principles that can strengthen their business operations. From budgeting techniques and cash flow management to forecasting and cost-saving strategies, this session equips business owners with the knowledge they need to achieve financial stability and growth.

Session Objectives:

• Budgeting and Expense Tracking: Practical techniques to create and maintain a budget.
• Cash Flow Management: Effective strategies to ensure liquidity and support business health.
• Planning for the Future : Steps to create projections for informed decision-making.
• Cost-Cutting Strategies: Approaches to reduce expenses and improve profitability.
• Financial Management Tools: An introduction to tools to enhance business operations

Featured Guest Presenter:
Chevonne "Faiza" Cheatam, EA, MBA, a seasoned tax and finance professional, co-founded Ultimate Financial Services (https://myultimatefinancialservices.com/) and holds degrees in Accounting and Finance, as well as an Enrolled Agent designation from the IRS. With over 25 years of experience and a background as a Fiscal Agent for non-profit organizations, Chevonne is well-versed in the financial challenges small businesses face. Her commitment to financial education and empowerment makes her an invaluable resource to the series, promising participants practical tools they can implement immediately. Outside of her work, Chevonne enjoys traveling and exploring new destinations with her family.

This workshop is part of a larger initiative facilitated by Anna D. Banks, MAS, CHBC, designed to support East Orange's small business community. Through her leadership of Thrive Leadership Institute, Inc., Anna provides entrepreneurs with resources and skills to navigate challenges and achieve lasting success.

"Financial fitness is essential for business growth," says Anna D. Banks. "This entire Professional Development Workshop series is designed to equip East Orange's small business owners, located within a Urban Enterprise Zone (UEZ) with knowledge and tools they need to thrive. With local financial experts like Chevonne Cheatam leading the way, we're committed to making a tangible impact in our community."

For more information about the Professional Development Workshop Series or how to apply for UEZ certification, please contact the East Orange Economic Development Department at economic.development@eastorange-nj.gov.