First Friday: Closing Your Books To Prepare For A Loan

Join us for the last First Friday of the year. NJSBDC at NJCU School of Business and M&T Bank will be partnering together on December 6th, 2024, from 10 am to 11:30 am , and we hope to see you there!

Dominick Belfiore, Vice President and Relationship Manager with M&T Bank will explain the intricacies of closing your books and its consequential impact on your creditworthiness. Gain valuable insights differentiating between a tax preparer and a Certified Public Accountant (CPA), and equip yourself with essential knowledge to make informed financial decisions.

Throughout this session, expect to:

Topics Covered:

• The importance of closing your books effectively
• How your book closure practices can affect your creditworthiness
• Key distinctions between a tax preparer and a CPA
• Strategies for optimizing your financial processes
• Practical tips for maintaining financial health

This enriching session is designed to elevate your financial acumen and empower you to navigate the intricate landscape of personal finance with confidence. Secure your spot today to unlock invaluable insights tailored to your financial success as we move into 2025!

Dominick Belfiore currently serves as a Vice President, Relationship Manager for M&T Bank’s Business Banking Division. In this role, he works closely with small- to mid-sized businesses providing them with the tools to grow including access to capital, products to optimize cash flow, and connections to non-financial resources. Before his role at M&T Bank, Dominick has led teams in the non-profit space, federal government, and military – working for the National Contract Management Association (NCMA), U.S. Small Business Administration (SBA), U.S. Army, Department of Defense, and serving on active duty in the U.S. Marine Corps. His approach is collaborative, and he enjoys engaging with the local community and building and developing support ecosystems. While he currently resides in Bergen County with his wife and three children, Dominick is proud to honor the legacy of his late father who was born and raised in Jersey City, by engaging with and serving the community there.

Host or Publisher Presented by NJSBDC at NJCU School of Business