Pacific Business Partners December 2023 | Page 6

Kosrae SBDC Training Schedule

Friday , May 26 , 2023
“ Financial Literacy Training ”: The training will focus mainly on learning the three commonly used financial statements by businesses and lenders , the information that should be reported on the financial statements , and where these information come from . The training will also discuss the purpose of each financial statement . Presented by Kosrae SBDC Location : Lelu Municipal Office Time : 3:00pm – 5:00pm

( October 2023 – December 2023 )

Friday , June 9 , 2023
“ Financial Literacy Training ”: The training will focus mainly on learning the three commonly used financial statements by businesses and lenders , the information that should be reported on the financial statements , and where these information come from . The training will also discuss the purpose of each financial statement . Presented by Kosrae SBDC Location : Tafunsak Municipal Office Time : 3:00pm – 5:00pm
Friday , July 7 , 2023
“ Business Plan Development ”; The training will focus mainly on how to write up a business plan using a format commonly used by the Kosrae SBDC . The training will discuss six major sections of a business plan , starting from ; a . Business Introduction , b . Marketing Plan , c . Operating Procedures , d . Forecasting Assumptions , e . Request for Financing , and f . Financial Statements . Presented by Kosrae SBDC Location : Kosrae SBDC Training Room Time : 10:00am – 12:00pm
Friday , October 13 , 2023
“ Business Plan Development ”; The training will focus mainly on how to write up a business plan using a format commonly used by the Kosrae SBDC . The training will discuss six major sections of a business plan , starting from ; a . Business Introduction , b . Marketing Plan , c . Operating Procedures , d . Forecasting Assumptions , e . Request for Financing , and f . Financial Statements . Presented by Kosrae SBDC Location : Kosrae SBDC Training Room Time : 10:00am – 12:00pm
Tuesday , October 24 , 2023
“ Basic Excel ”: Learn the basics of the excel computer program for everyday record keeping , most especially for keeping daily transaction records . How to keep records in excel program . Learn how to maneuver through the excel programs from opening a file , recording information in the excel program , naming files , saving , and closing files . Presented by Kosrae SBDC Location : Kosrae SBDC Training Room Time : 10:00am – 12:00pm
6 PACIFIC BUSINESS PARTNERS DECEMBER 2023
Ketsen Haregaichig , Chuuk SBDC Center Director and Business Advisor

2023 State Star Award

State Star Award : The 2023 State Stars , who were chosen by their SBDC networks , are among the best of the best — those who demonstrate exemplary performance , make significant contributions to their networks , and are deeply committed to the success of America ’ s small businesses . Ketsen Haregaichig is the Center Director of Chuuk Small Business Development Center ( SBDC ) under the Pacific Islands Small Business Development Center Network ( PISB- DCN ). Ketsen has provided technical assistance and advice for new and aspiring entrepreneurs in the State of Chuuk of the Federated States of Micronesia .

Despite continued covid border closure during 2022 in Chuuk State resulting in limited business activity , Ketsen worked with partners such as Chuuk Women ’ s Council , Chamber of Commerce and Economic Development Authority to reach new clients . She completed 12 training courses with 141 attendees and was able to secure a $ 38k loan .