About this Event
Join our 2024 series in Chicago for female founders and allies. Gain insights on navigating business landscapes, promoting diversity, and fostering innovation for long-term success through facilitated discussions and open dialogue.
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On July 18th, join us for an EmpowerHER session led by Diana Talpa and Ashley Summers Baker of BMO Harris Bank for a deep dive into finance, credit, and business. About 57% of Americans are financially literate. The number of women-owned businesses doubled between 2019 and 2023, compared to those owned by men. Additionally, the growth rate for women-owned businesses increased to 4.5% from 2022 to 2023. Finance may not be the most glamorous aspect of business ownership, but it is crucial, and the more you understand it, the better you can take control.
Ashley will address the five C's of credit: Character, Capacity, Capital, Collatoral and Conditions: the critical elements that should be a key focus when building a business from a banking perspective. Your business has no credit, how do you build it? At what stages should you be thinking about credit? Do you need it? How do you maintain good credit? Are you managing your business debt responsibly?
Diana will cover the broad strokes of building from a financial perspective such as business growth and exit strategies. She'll speak to understanding financial statements, improving margins, and what businesses need to do to sell at a nice multiple. Have you thought about your exit strategy while building? You're growing a business, but what if your margins suck? Do you know what your competitors are doing with their margins? Does the same work for your business? Are you simply selling a product now and worrying about all of this later?
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The event is on the 10th floor of TeamWorking by TechNexus. Once inside the building, find the elevators to your left. Take the elevators to the 10th floor and go through the glass doors. You'll see a kitchen ahead to your left. Walk past the kitchen, turn right at the end of the hallway, and you'll find us at the end of that hallway. The food will be in the smaller kitchen, and the programming will be in the adjacent conference room.
Schedule
- 8:30-9 am CST: Guest Arrival/Networking
- 9-10:30 am CST: Programming
- 10:30- 11:00 am CST Guest Departure/Networking
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In the spirit of unity, we welcome all women in business and individuals of all genders who value diversity and inclusivity. Be part of this thriving community where we shape the future of business, build lifelong partnerships, and provide a collaborative platform for entrepreneurs, VCs, and ecosystem partners to learn from each other.
Feel free to share & invite interested people in your network.
The Empower Her breakfast series is a monthly space for women in business to carve out a morning of personal development time. Mark your calendar to join us for this recurring occasion on the 3rd Thursday of the month.
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TeamWorking by TechNexus is located at 20 N Upper Wacker Drive, Chicago IL 60606
TeamWorking is a scalable space built by investors for Chicago’s tech community. We provide a smarter, dynamic workspace for scaling teams with dedicated offices, flexible memberships, and executive meeting rooms, all designed to facilitate collaboration. We also provide event space for gatherings of up to 150 people and regularly bring together the founders, investors, and forward-thinking corporations that fuel our innovation ecosystem. Whether it is the growing technology startups that want to be near their investors, or enterprise executives that need to be in the center of things downtown, many of Chicago's brightest call TeamWorking home.
TeamWorking is located in the historic Civic Opera Building. Located on Wacker Drive between Madison and Washington Street, please enter through the mid-block turnstiles. During business hours (8a-5p), guests can bypass security and head straight to the coworking space, our reception desk is right off the elevator banks.
Parking The Civic Opera Building does not have a parking garage. Limited meter parking is available throughout the loop (restricted parking begins at 4 pm, during rush hour). For discounted rates, we recommend using SpotHero or iParkit. The nearest garage is located in the CME building at 10 S. Wacker Drive.
Click here for more information.
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Sponsored by Teamworking by TechNexus, The Job Sauce, and TriNet
Event Venue & Nearby Stays
20 N Wacker Dr #10th, 20 North Wacker Drive, Chicago, United States
USD 0.00
