Simple Steps for Starting Your Business Workshop Series
Simple Steps for Starting Your Business
This Exciting and Powerful Workshop for Entrepreneurs is Coming Back to Buffalo in 2013
Let's find out if this idea is worth it and get it ready to go...
Attend this comprehensive workshop series to help you test your new business idea and get started on the right path.
Join us for five three-hour sessions this October and November that will help you understand the basics of:
- The concepts involved with assessing a business idea
- Marketing your product or service,
- Understanding business financials and how they work
- How to fund and finance your business
What’s in it for you?
This workshop will help you make better decisions about your business so that it meets your personal goals.
- Finding out if starting a business is right for you
- Gaining a head start to business with expert guidance
- Learning fundamentals for business organization and management
- Maximizing your probability of business success
Free, one-on-one mentoring is also a part of the series process. Sign up now for these workshops:
Session 1: Start-up Basics (At the end of this session you decide on whether or not to continue with the next four sessions)
This introductory workshop focuses on the basics of testing your business idea and identifying the key factors that influence start-up success. Start-up Basics provides you with an overview of the skills and tools you need when deciding to start a business. In this session, you learn about: the advantages and disadvantages of owning a business, the most profitable form for your business, and the fundamentals of formation, organization, marketing, cash flow and funding sources.
Session 2: Business Concept
The second workshop focuses on your business concept and step-by-step guidance in researching your idea, your market, and your competition. At the end of the Business Concept workshop, you are able to: identify your target markets, describe your products and services, and collect key competitive information to support your feasibility plan.
Session 3: Marketing Plan
The third workshop provides you with an introduction to marketing communication methods and tools to maximize your customer reach. The discussion in the Marketing Plan workshop covers pricing strategies, positioning, the difference between features and benefits, and different marketing strategies. At the end of this session, you will know how to: outline your marketing strategy, test your marketing message, choose the right sales channel, and exercise your marketing strategy.
Session 4: Financial Projections
The fourth workshop uses exercises to help you better understand financial concepts. This session reviews sales and prices, financial risks and rewards, true start-up costs, ongoing operating expenses, setting benchmarks for tracking progress and the organization of all your financial information. Using a hands-on approach, you learn how to use our financial model to forecast sales revenue and build solid pro-forma financial forecasts.
Session 5: Funding Sources
The final workshop offers information on how to finance your small business. In this session, discussions include sources of funds, accounting the six C's of credit, banking relations, ratio analysis, and monthly preparation and review of financial statements. A bank loan officer will give an inside view of how a banker assesses the merits of business plans and loan application. At the end of the series, you have all of the tools necessary to decide whether or not to launch your small business.
Who are the presenters?
The workshop is sponsored and run by the Buffalo Niagara Chapter of the SCORE Association. SCORE is a non-profit organization fully dedicated to helping small businesses like yours across the USA.
When and where?
2013 Dates to be Scheduled
*Military veterans are free with a scholarship coupon from http://vetsfastlaunch.org/coupon-signup/
The one fee of $125 includes all of the next four sessions
Class Size for Sessions 2 - 5 is Limited!
Location: 2013 Location to be Announced
Faculty: All classes are taught by seasoned business mentors with the Buffalo Niagara chapter of SCORE. SCORE is the premier volunteer business association in the United States with over 13,000 members assisting over 130,000 business clients each year. SCORE volunteers and mentors in the Buffalo chapter have over 2,000 years of real-world business experience to share with you.
Register now to reserve your seat. Seating is limited.
The Simple Steps for Starting Your Business Workshop Series offers many features and benefits that make it an ideal way for aspiring entrepreneurs to make a smart start by working with experts to test the feasibility of their ideas and to make a go/no-go decision on starting a business.
Visit http://buffaloniagara.score.org/localworkshops for the schedule and location information of all local workshops.