Michigan Ross Accounting Outreach
Aspiring business owners need a lot of things. A great product or service, a team and support system, and an incredible work ethic are just some of the things that make business great. Probably one of the most overlooked things someone needs to start a business, however, is to have their financials and books properly organized. This can be incredibly expensive for small business owners, which is why we’re here to help!
In collaboration with DNEP, Business+Impact has launched an initiative to provide Detroit entrepreneurs with the accounting services they need to successfully launch and grow their business. These businesses help to create jobs in the Southeast Michigan region and ultimately help the growing economy.
On Fridays throughout the semester, MAcc and BBA students hold one-on-one accounting consultations with entrepreneurs. These consultations, dubbed “Free Accounting Fridays”, cover topics ranging from creating cost structures and forecasting growth to using different accounting softwares. These students get to apply their knowledge from accounting classes to real businesses, develop the soft skills needed to interact with clients, and make a positive impact all while still in school.
The students also get to think critically about the business’ other needs. When students believe a business owner can benefit from other services, they refer them to the DNEP program. DNEP provides even more free services to the entrepreneurs in anything from graphic design to legal questions.
If interested in learning more about DNEP, check out this video and hear Dean Michael Barr of the Ford School of Public Policy describe the program at large.
For further information on Michigan Ross Accounting Outreach, watch the video below.