A statewide nonprofit dedicated to providing women-focused technical assistance to women business owners and aspiring entrepreneurs to help them build confidence, create their own opportunities and experience success in business ownership.

WBCUtah is funded in part through a Cooperative Agreement, between the Salt Lake Chamber and the U.S. Small Business Administration.

Businesses that are owned and operated by women and those who identify and/or present as women.

A woman owner/operator controls her business’:

• Mission, vision & strategy

• Short & long-term organizational decisions

• Products or services, including product development

• Pricing

• Paying payroll (if she has W2 employees)

• Operational processes and technology

• Business assets and liabilities

Anyone!

Currently, all WBCUtah services are offered at no charge; so, nothing!

Although most grants are for nonprofits, there are some grants available to women-owned businesses, which are typically competitive.

A grant is an award given by one entity, foundation, or government, to an individual or a company to faciGrantsForWomen.orglitate a goal or incentivize performance. Grants do not have to be paid back, but must be used for the project or program for which it was applied for.

There is no complete list of grants for women business owners, but here are a few:
Accion Opportunity Fund
Amber Grants
Fundera
GrantsForWomen.org
IFUNDWOMEN
SoGal Foundation

Keep your personal and business money separate!

Keep track of money coming (revenue earned) and money going out (paid expenses)- use software or a spreadsheet.

Understand, create and strategically use basic Financial Statements:

* Profit/loss: total revenue minus total expenses over a period of time

* Cash Flow: timing of money flowing into (revenue) and out of (expenses) your business, usually monthly.

* Balance Sheet: assets, liabilities and capital, at a specific point in time.