MSUFCU offers three educational videos on business planning and financing for entrepreneurs

MSU Product Center clients are encouraged to access this information to help grow their businesses.

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Tonya Williams, financial educator with Michigan State University Federal Credit Union (MSUFCU) and small business owner, has produced three educational videos to help entrepreneurs understand how they can prepare their businesses for financing and long-term success. The videos are available for free, on-demand through the MSU Extension Product Center’s website.

The three videos include:

Part 1: Startup Basics

An overview of business foundations which include business plans, financing, bookkeeping, business accounts, and their benefits. This session aims to give information to help entrepreneurs gain clarity and direction for newer startups, but also as a refresher for those who are more established. 

Part 2: Growth Basics

An overview of personal and business credit for an understanding of what impacts credit, its importance to business, and how to obtain your report and score. This session aims to give information to help entrepreneurs at the beginning of their growth phase, but also as a refresher for those who have had more established growth.

Part 3: Succession Planning

An overview of what it takes to successfully succession plan while defining possible succession planning mistakes and benefits. This session aims to give information to help well-established entrepreneurs think forward for themselves and their businesses.

MSUFCU is a source of financing for individuals and businesses. Entrepreneurs have numerous ways that they can contact MSUFCU, which include in-person branch visits that can be scheduled ahead of time, walk-in branch visits, and contacting the call center at 1-800-678-4968.

MSU Product Center

MSU Extension and the MSU Product Center assist entrepreneurs and businesses in developing products and services in the food and agriculture markets. Its team of experts consults with clients on a one-on-one basis, helping new entrepreneurs navigate from concept development to launch and beyond. The MSU Product Center also offers specialized services such as labeling, packaging, and nutritional analysis. If you are interested in business counseling from the MSU Product Center, please visit our website.

MSUFCU 

Founded in 1937, MSUFCU has a national reputation for excellence and has received several top industry and workplace awards, including being named a Best Credit Union to Work For® by American Banker for the sixth year, a Top Workplace by the Detroit Free Press for 13 consecutive years, and a National Best and Brightest Companies to Work For® winner for seven consecutive years. MSUFCU has also been certified as a Great Place to Work® for 10 consecutive years and has been recognized by the Credit Union National Association, earning first place for the people-helping-people philosophy Louise Herring Award. The Credit Union operates an award-winning, wholly owned credit union service organization, Reseda Group, along with digital financial platforms AlumniFi and Collegiate, trade name Oakland University Credit Union, and its foundation, the Desk Drawer Fund. MSUFCU is headquartered in East Lansing, Michigan; and has 24 branches; over 350,000 members; $7.61 billion in assets; and more than 1,100 employees. For more information, visit msufcu.org.

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