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Business Owner Orientation – June 28

1. Orientation Session Recording

2. Download Your Course App!

3. Complete Pre-Work for Mindset Coach 1:1

Download and Review the below Setting the Stage for Success Workbook prior to your session with Coach Erica Kesse. Remember that completing mindset coaching is a prerequisite to entering this program.

_Setting the Stage.pdf

4. Create Your Turazo Account & Schedule With Mindset Coach Erica Kesse through Friday July 7th

Turazo Account Sign Up

Turazo Account Login to Schedule With Mindset Coach Erica

5. Complete Onboarding Form

Boomin to the Bank Summer 2023 Onboarding and Pre-Assessment Form

Completing this form will help Boomin University understand the overall needs of this cohort and to ensure the program makes an long lasting impact. Please do not make multiple submission - you will receive an confirmation message on your screen after selecting the "submit" button. All responses apply to the business that is listed on your Boomin to the Bank application, which should already be an existing established business.

First Name(Required)

Last Name(Required)

Mobile Number(Required)

Business Name(Required)

Year Business was Established(Required)

Please describe your business in two sentences (what is your product or service)?(Required)

Please feel free to use Chat GPT to help create a response:

Business Structure(Required)

Sole Proprietor

LLC

S-Corp

C-Corp

General Partnership

Limited Partnership

No Business Structure/ Did not Register Business with Secretary of State Office

Do you have an Employer Identification Number (EIN)? *(Required)

Yes

Do you have a business bank account?(Required)

Yes

No, I Haven't Used Any Banking For My Business

No, I Am Using My Personal Bank Account For Business Transactions

I Qualify For One But Need Help

I Don't Think I Qualify For One

How do customers pay for your services or products?(Required)

Check all that apply

Cash

Ecommerce

In Person Point-of-Sale System

Square

Paypal

Cash App

Invoicing

Other

Please share the other way(s) customers pay for your services or products(Required)

Are you currently using any of the following bookkeeping tools?:(Required)

Check all that apply

Quickbooks

Wave

Xero

Spreadsheets

Other

Do not have a bookkeeping tool

Please share what other bookkeeping tool(s) you are using?(Required)

Are you reconciling your books monthly?(Required)

Yes

Please rate your level of understanding of bookkeeping(Required)

No Knowledge

Limited Knowledge (can only define bookkeeping)

Basic Knowledge (can define bookkeeping and share what general information is needed for bookkeeping)

Extensive Knowledge (can share and perform basic bookkeeping knowledge and actions)

Please rate your level of understanding of loan readiness(Required)

No Knowledge

Limited Knowledge (can only define loan readiness)

Basic Knowledge (can define loan readiness and share typical loan requirements)

Extensive Knowledge (can share basic knowledge and knows how to prepare for a loan application)

Please rate your level of confidence in making business decisions based on current finances(Required)

Not Confident

Somewhat Confident

Very Confident

Please provide further explanation to your previous response(Required)

Do you currently work with a bookkeeper or CPA to reconcile monthly?(Required)

Yes

No - Because I Personally Reconcile

No - Do Not Have a Bookkeeper or CPA nor Personally Reconcile

Do you understand the concept of Cost of Goods Sold and how to calculate for your current revenue streams?(Required)

Yes

Maybe

Do you understand how to calculate your breakeven point?(Required)

Yes

Maybe

Have you used any of the following to finance the growth of your business? *

Friends and Family Investors

Angel Investors

Venture Capital

Bank Loans

Non-Traditional Loans

Crowdfunding

If you received a financial investment, how would funds be used over the next 6 months?(Required)

Increase Current Supply

Expanding a Product line or Developing New products

Improve Marketing

New Equipment, Tools, or Software

Hire Employees or Contractors

More Entrepreneurship Education

Remodeling or Purchasing Commercial Real Estate

Expanding to a new market or opening a new location

Improve Material Quality of Products

Other

Please list off what else you would use funds for(Required)

Do you feel that your personal credit can be used to guarantee funding for your business?(Required)

Yes

Maybe (with some credit repair)

Are you able to provide your business tax return for 2022?(Required)

Yes

No, I didn't file business taxes for 2022

No, I wasn't in business in 2022

No, I requested an extension

No, I don't plan to file business taxes for 2022

Are you able to provide an YTD (Year to Date) 2023 profit and loss statement on demand if requested?(Required)

Yes

Maybe

Are you able to provide a cashflow statement on demand if requested?(Required)

Yes

Maybe

Have you ever prepared financial projections for your business?(Required)

Yes

Maybe

Please select the tasks you believe you may need help with and would accept resources for if any were potentially offered (every option is not guaranteed to be addressed at this time or in the future):(Required)

Please carefully read all options.

Creating a Business Plan

Updating a Business Plan

Getting Started with Bookkeeping

Reconciling Books

Understand Financial Statements

Pulling Financial Statements

Personal Credit Improvement

Establishing Business Credit

Preparing to File Taxes for Business

Amending Past Taxes

Catching Up on Missed Tax Filings

Establishing or Changing Legal Business Entity (LLC, Corporation, Sole Proprietor)

Obtaining EIN

Obtaining Business License

Accessing a Business Loan/Line of Credit

Establishing a Way to Take Customer Payments

Planning for Retirement

Wealth Building/Investment Strategy

Other

Please list off what else you believe you would need help with:(Required)

Please enter your email address if you would to receive a copy of your submission

Business Owner Orientation – June 28

1. Orientation Session Recording

2. Download Your Course App!

3. Complete Pre-Work for Mindset Coach 1:1

_Setting the Stage.pdf

4. Create Your Turazo Account & Schedule With Mindset Coach Erica Kesse through Friday July 7th

5. Complete Onboarding Form

Boomin to the Bank Summer 2023 Onboarding and Pre-Assessment Form

6. Review Latest Announcements in the Boomin to the Bank Social Group (Click on the “Groups” Tab)