1. FEDERAL DEPOSIT INSURANCE CORPORATION 1 Training Start-Ups the Money Smart for Small Business Way A presentation for the Financial Literacy Leadership Conference Washington DC October 21, 2013

2. FEDERAL DEPOSIT INSURANCE CORPORATION 2 Your Presenter: James Yagley Senior Community Affairs Specialist

3. FEDERAL DEPOSIT INSURANCE CORPORATION 3 Money Smart for Small Business Money Smart for Small Business (MSSB) is a new instructor-led training curriculum Launched in 2012 Developed jointly between SBA and FDIC

4. FEDERAL DEPOSIT INSURANCE CORPORATION 4 A New Curriculum A stand-alone product A complete package Curriculum is free FDIC looking for training partners

5. FEDERAL DEPOSIT INSURANCE CORPORATION 5 Who Is the Target Audience?  True start ups  Limited or no training  Minority, women-owned and disadvantaged businesses

6. FEDERAL DEPOSIT INSURANCE CORPORATION 6 Curriculum Goals Target audience Foundational training Practical information

7. FEDERAL DEPOSIT INSURANCE CORPORATION 7 The 10 Modules Organizational Types Advantages and Disadvantages of Business Structures Time Management Steps on Effective Use of Time Financial Management Appropriate Allocation of Resources

8. FEDERAL DEPOSIT INSURANCE CORPORATION 8 The 10 Modules Recordkeeping Critical Managerial Tool Banking Services Understanding the value for Small Businesses

9. FEDERAL DEPOSIT INSURANCE CORPORATION 9 The 10 Modules Credit Reporting Demystified Risk Management Be Prepared for Negative Outcomes Insurance Planning for the Unexpected

10. FEDERAL DEPOSIT INSURANCE CORPORATION 10 The 10 Modules Tax Planning and Reporting Understanding the Details Selling Your Business and Succession Planning Exit Strategies

11. FEDERAL DEPOSIT INSURANCE CORPORATION 11 Instructor’s Guide Participant’s Guide PowerPoint

12. FEDERAL DEPOSIT INSURANCE CORPORATION 12 O rganizations with a mission of supporting small businesses:  SBA Resource Partners  Financial Institutions  Nonprofits (microlenders and others)  Governmental entities The Training Alliance

13. FEDERAL DEPOSIT INSURANCE CORPORATION 13 Training Alliance Member Roles Provide training Support training providers Collaborate with others on a local level Help promote the curriculum

14. FEDERAL DEPOSIT INSURANCE CORPORATION 14 Part of a Larger Network Alliance Member “Town Hall” calls  These calls allow members to  Interact and network  Share best practices  Brainstorm solutions to challenges  Calls are quarterly  FDIC organizes the calls

15. FEDERAL DEPOSIT INSURANCE CORPORATION 15 Getting Started Order the CD Speak to us about joining the Training Alliance Provide training to your community – by yourself or in partnership with others

16. FEDERAL DEPOSIT INSURANCE CORPORATION 16 Learn More MSSB Website http://www.fdic.gov/consumers/consumer/ moneysmart/business.html Ordering Copies of the CD  Available for free  Follow the link on the website

17. FEDERAL DEPOSIT INSURANCE CORPORATION 17 Contact Info James Yagley Senior Community Affairs Specialist (703) 254-0349 jyagley@fdic.gov