Maui Economic Development Board (MEDB) provides leadership and vision in our community for the responsible development of a strong, diversified economy. MEDB’s Technical Assistance Series, Foundations for Business Success, was created in an effort to help small businesses establish systems, processes, tools and best practices to build a secure foundation for success.

“It is essential for any business to have a solid plan rooted in sound principles and practice to be competitive,” said Frank De Rego Jr., Director of Business Development Projects at MEDB. “The accounting seminar and the other workshops in the series can help businesses build their human capital in knowledge and skills, thus improving services and systems while giving team members more time to focus on growth strategies and customer care. Ultimately, these strategies will help businesses succeed.”

Recently, the Boosting Your Financial IQ Accounting Workshop provided invaluable advice to improve business efficiency, promote good accounting practices and help save on taxes. In addition, it offered an ideal opportunity for business owners to get instruction from accounting experts. Lisa Wells, the main presenter, is an IRS Enrolled Agent and CEO/Founder of Personal Accountant Incorporated. “I think MEDB is providing a wonderful program,” said Wells. “They offer a central resource for the business community. I hope to continue my involvement with MEDB because I believe we serve a common goal — helping the small business owner make informed decisions,” she explained. Wells’ wish for all attendees of the Accounting Workshop is that they walk out educated and ready to take their business to the next level. “I believe we can help businesses become successful”, she said.

“I opened my business six months ago,” said Cecilia Hercik from Olavine Spa, Wailea. “I came to the Boost Your IQ Accounting Workshop for financial advice and to network with other business owners. I truly appreciate this opportunity to help me create a thriving business.”