INCREASING FINANCIAL ACUMEN, A PIVOTAL TOPIC FOR SMALL BUSINESS SUCCESS TO BE ADDRESSED AT NEXT GLOBAL SUPPLIER DIVERSITY CURRICULUM EVENT

INCREASING FINANCIAL ACUMEN, A PIVOTAL TOPIC FOR SMALL BUSINESS SUCCESS TO BE ADDRESSED AT NEXT GLOBAL SUPPLIER DIVERSITY CURRICULUM EVENT

Atlanta, GA…July 15, 2019….Understanding the key elements of developing and managing good financial habits, is a major key to building and sustaining business success that too many underserved and women-owned start-up companies neglect. How to effectively build financial acumen as a means of ensuring small businesses not only survives, but thrives will be addressed in the next installment of the Global Supplier Diversity Curriculum (GSDC) program event.

“Knowing Your Numbers: Strategies to Building Financial Acumen for Your Organization” will take place in early August and feature discussions from executives from leading financial service and banking companies, including ADP and BB&T Bank.

“For some reason people are afraid to take a hard look at their company’s finances, but having a firm handle on what your company’s financial picture looks like currently and where it has the potential to go in the future is critical for business success,” says Monica McCoy, owner of Monica Motivates and founder of the GSDC events, “but unfortunately, as an executive coach to new and in some cases seasoned business owners, I see this important aspect of running a business neglected way too often, and wanted to address it,“ she said.

 

In addition to McCoy, a former global director for Strategy and Innovation for McDonalds at the Coca-Cola Company managing a multimillion budget, sharing their company expertise at the Knowing Your Numbers GSDC program, will be Kanyatta Walker, vice president of client support and global product and technical for ADP and Tamika Stafford, vice president of community business development for BB&T Bank. Among the topics to be addressed include financial forecasting to obtain investors; understanding annual reports; securing and managing business credit; understanding balance sheets and income statements; understanding cash flow and profit and loss statements, etc.

A sought-after business strategist and award-winning global speaker, McCoy established her company, Monica Motivates, LLC., two years ago and began by helping women identify their purpose and passion, while showing them how to best leverage their newly found knowledge for the benefit of their companies and themselves. However, she quickly transitioned into focusing on helping women and underserved business owners learn how to grow their businesses through learning how to effectively pitch major companies to secure corporate contracts and investors.

“We are very excited to be able to present this vital curriculum to participants who are serious about understanding how to build strong financials for their business success and are thankful for leading corporate partners like Turner Construction, for hosting the event at their headquarters ,” says McCoy.

In addition to the quarterly Global Supplier Diversity Curriculum events and an annual Global Supplier Diversity Conference, McCoy also created and facilitates Pitch University, full day interactive educational workshop sessions, which to date has assisted nearly 1,000 business owners since its spring 2018 inception.

An award-winning business owner, McCoy was among 50 global women leaders who received the prestigious Women’s Economic Forum 2017 “Iconic Women Creating a Better World for All’ Award in New Delhi. She has shared her professional expertise at industry and professional groups like Mercedes Benz USA, Cisco, GA Tech, The Coca-Cola Company, etc. McCoy also just released her second book, “Treating Your Brand like a Fortune 100 Company,” at the event. Her first book, “The Best life Lessons Learned From Real People,” was released last year.

The GSDC Knowing Your Numbers program will take place on Thursday, August 8 from 8:30a.m. to 12:30p.m., at Turner Construction, located at 3495 Piedmont Rd., NE, Building 11, Ste. 700. For more information and to register, go to https://www.globalsupplierdiversityconference.com/curriculum-august-2019.

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