A four-week course on how to make empowered decisions surrounding your creative business financing
At Craft Lake City, we’re all too familiar with how intimidating launching your small creative business can be. Are you ready to take your side hustle to the next level? Or maybe you’ve been trying to open up a brick and mortar store or wholesale your products to other shops. Whatever your creative business goals are, you’ve probably discovered that the road to accomplishing them can be crazy expensive!
In this accessible, cohort-style online course, creatives will learn the ins and outs of business financing straight from the pros in a relaxed, interactive virtual class. We’ll work through all that confusing, anxiety-inducing finance stuff until you feel confident and empowered to make smart financial decisions that will help you achieve your business goals.
This course will answer questions like, “How do I become ‘bankable?’” and “What on earth does ‘bankable’ even mean?” We’ll delve into the nitty gritty of different types of things like microloans, peer-to-peer lending, and — most importantly — how to get the best terms possible so you can spend more of your hard earned cash on supplies like primo soy wax or a sick new webstore rather than paying a high cost lender. Participants will receive one-on-one financial counseling with a banker where they can get expert and personalized advice in a low-stakes, ask-me-anything environment. We know finance stuff can be overwhelming, so let’s tackle it together with Craft Lake City Business Academy’s Funding Fundamentals!
Craft Lake City Business Academy:
Funding Fundamentals Presented By Celtic Bank
What: Taught by experienced professionals in the industry provided by Celtic Bank, Funding Fundamentals prepares creative small business owners to make empowered decisions surrounding their business financing. Registrants will gain insight on the various types of business funding available, which types offer the best terms and rates, who the reputable lenders are and the difference between online funding vs. traditional business loans. By the end of this four-week course, creative business owners will understand the fundamentals of becoming bankable and accessing the credit they need to grow their business.
When: Tuesdays from 4-5:30 p.m. MST. (This 4-week course will begin Sept. 27 and end Oct. 18, 2022)
Where: Virtual over Zoom (join from anywhere!)
Cost: $20 – $50 sliding scale* for the four-week course
*We want everyone to have access to the Funding Fundamentals they need to be successful in their creative business, which is why we’ve made the course sliding scale. Anyone can participate with the minimum fee. If you are in a position to make a higher payment, those additional funds will support Craft Lake City’s nonprofit mission & ensure that we can continue to provide accessibly-priced programming. If the minimum fee still presents a barrier, we are also offering five full scholarships based on financial need. You can apply for a scholarship HERE by September 19.
About Craft Lake City:
Founded in 2009 by Angela H. Brown, Executive Editor of SLUG (Salt Lake UnderGround) Magazine, Craft Lake City® is a 501(c)(3) charitable organization with the mission to educate, promote and inspire local artisans while elevating the creative culture of the Utah arts community through science, technology and art. Craft Lake City strives to further define the term “Craft,” by modernizing the definition for handmade creativity.
craftlakecity.com @craftlakecity
The Craft Lake City Academy is a series of professional development workshops designed to educate and support local makers as they build creative businesses. Supported in part by the residents of Salt Lake County through the Zoo, Arts & Parks (ZAP) Program, the Salt Lake City Arts Council, George S. and Dolores Doré Eccles Foundation, and Utah Arts & Museums, with funding from the State of Utah and the National Endowment for the Arts.