Financial First Fridays

Date: May 2, 2025

Time: 11 am – 12 pm

Location: 2500 E 22nd St (Main Branch)

Avoiding Small Business Pitfalls

Join us for the upcoming Financial First Friday session where we’ll discuss how to avoid common pitfalls in small business management. This session will cover essential topics to help you navigate the complexities of running a small business successfully.

What You’ll Learn:

Forms of Small Business. Explore different business structures such as sole proprietorship, partnership, LLC, and corporations, along with their pros and cons.
Registration Requirements. Understand the necessary registrations for your business at federal, state (Arizona), city (Tucson), and county (Pima) levels, with links to other cities and counties.
Tax Forms. Learn about the various tax forms required for each type of business, including 1040 Schedule C, Schedule SE, 1065, K1’s, 1120s, and Arizona’s TPT tax.
Other Small Business Pitfalls. Gain insights into common pitfalls such as record keeping, separation of personal and business transactions, business insurance, business location, environmental compliance, and available small business resources.

Financial Friday Registration May 2nd, 2025

Join us for the upcoming Financial First Friday session, “Avoiding Small Business Pitfalls,” where we'll discuss essential topics to help you navigate the complexities of running a small business successfully.

Register

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How did you hear about this event?

Mark Your Calendars! We’ll be hosting Financial First Friday sessions on the first Friday of every month at the same time. The next few topics include:

Getting on the Right Track – How Young Adults Can Prepare to Manage their Own Finances (June)
So Just How Do I Do This Anyway? – Tips for Young Adults to Prepare for Financial Success (July)

Don’t miss out on these free educational sessions designed to guide you toward financial well-being!