Healthy Business, Healthy Bottom Line - California Toolkit
As a small business owner, we know you wear many hats—from running the day-to-day operations of your business, to managing employees, building a brand and much more. One thing many entrepreneurs feel unequipped to deal with while starting or running a business is how to handle business finances and maintain a healthy workforce.
A report by the Consumer Financial Protection Bureau found American business owners that implement “financial wellness” programs see increased productivity and improved bottom lines. The report also found that 7 in 10 workers say financial issues are their biggest cause of stress, revealing there is a direct correlation between financial health and a person’s wellbeing.
And if you are uneasy about money, you are not alone. In fact, roughly half of Americans are uncomfortable talking about money and personal finances. But, by learning more about your personal financial capacity, you can run a healthier business and have a healthier bottom line.
Small Business Majority created this toolkit to help you access materials and connect with local resources to help you learn more about business finances, how to build your wealth, how to find responsible loans, and how to access health insurance. It will also help you access local business support organizations to help you reduce your financial stress and become a healthier and more financially savvy entrepreneur.