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UHV SBDC to offer course about financial literacy

The University of Houston-Victoria Small Business Development Center is bringing back a two-day session of its most popular financial literacy course for small business owners and entrepreneurs.

Profit Mastery will take place from 8:30 a.m. to 4:30 p.m. March 20 and 27 in the Victoria College Emerging Technology Complex, 7403 Lone Tree Road. The fee for the course is $395, which includes lunch and materials. Scholarships are available through the Texas Workforce Commission’s Skills for Small Business Scholarship program.

Joe Humphreys
Joe Humphreys

“This program is one of our most popular because it helps entrepreneurs better understand the financial aspects of running a business,” UHV SBDC Director Joe Humphreys said. “Banks, lenders and other financial institutions have their own language, and learning to understand those terms and processes can greatly benefit a business owner.”

Profit Mastery uses DVD-recorded teaching sections combined with workbooks and in-person tutoring. During the workshop, students learn about business concepts and finances. The course focuses on explaining the concepts in simple terms and then putting them into practice through the workbooks.

The workshop is so helpful, that some area business owners have brought their entire staff to be trained, Humphreys said. One of the major benefits of the workshop is how attendees are able to review the financial information from the DVD lessons with a UHV SBDC business advisor. This time, the workshop will be conducted by Mark Martinez.

Space is limited, so those interested in attending should register as soon as possible by contacting 361-582-2575 or rachel.nessel@victoriacollege.edu.

The UHV SBDC offers assistance on starting, growing and financing a business; contracting opportunities; and recovering from a disaster. It also helps new businesses start and existing businesses expand through a combination of consulting and training in areas like market identification, raising capital and developing a business plan. Most of its services are free to area small business owners. The center serves Aransas, Bee, Calhoun, DeWitt, Gonzales, Goliad, Jackson, Karnes, Lavaca, Refugio and Victoria counties. 

The University of Houston-Victoria, located in the heart of the Coastal Bend region since 1973 in Victoria, Texas, offers courses leading to more than 80 academic programs in the schools of Arts & Sciences; Business Administration; and Education, Health Professions & Human Development. UHV provides face-to-face classes at its Victoria campus, as well as an instructional site in Katy, Texas, and online classes that students can take from anywhere. UHV supports the American Association of State Colleges and Universities Opportunities for All initiative to increase awareness about state colleges and universities and the important role they have in providing a high-quality and accessible education to an increasingly diverse student population, as well as contributing to regional and state economic development.