SCORE Springfield Illinois Chapter
Contact
Bill AxelrodSCORE Springfield Il Chapter
william.axelrod@scorevolunteer.org
Where
SCORE Springfield Office3330 Ginger Creek Dr. (rear of Bldg)
Springfield, IL 62711
Driving Directions
Starting A Business- Workshop 5 (Funding Sources)
Funding Sources
This is workshop number 5 (of 5) in the Simple Steps for Starting a Business series. How will you finance your business? Learn about sources of funds, accounting the six Cs of credit, banking relations, ratio analysis, and monthly preparation and review of financial statements. Hear directly from a bank loan officer how banks assess the merits of business plans and loan applications. See below for a full list of dates for each workshop in the series and to register for additional sessions.
Workshop Registration Fees-
Workshop #5- $35.
Workshop Series (#2 thru #5)- $125 (save $15). Must prepay with Workshop #1 registration.
(payable by credit/debit card or Paypal- no refunds)
Program Overview
SCORE's 5-workshop program gives you a practical overview of the fundamentals required to start a small business. Proven practices. Sound advice. Experienced and successful entrepreneurs themselves, our trained instructors will guide you through the first important steps. Attend any or all of the five, 2-hour workshops over the course of a couple of months. You'll gain:
- Knowledge of the fundamentals you need to start a small business
- Perspective from mentors who've been there and can see what you don't see
- The peace of mind and confidence that come from knowing you've thought through everything
Workshop Details and Dates
Workshop 1: Start-up Basics--- May 7
SCORE breaks down what could be an overwhelming task into manageable pieces, focuses on the essentials and provides specific action steps to get you started. Register for Workshop 1
Workshop 2: Business Concepts---May 21
Receive step-by-step guidance on identifying your target markets, describing your products and services and researching your competition to determine your concept's feasibility. Register for Workshop 2
Workshop 3: Marketing Plan--- June 11
In this introduction to marketing communications, learn how to maximize your customer reach. Outline and execute a marketing strategy. Test your marketing message. Choose the right sales channels. We discuss different marketing and pricing strategies, positioning, and the difference between features and benefits.Register for Workshop 3
Workshop 4: Financial Projections--- June 25
Through hands-on instruction, learn how to forecast sales revenue and build solid, pro-forma financial forecasts. Discuss sales and prices, financial risks and rewards, true start-up costs, ongoing operating expenses, setting benchmarks for tracking progress and organizing all of your financial information. Register for Workshop 4
Workshop 5: Funding Sources--- July 9
How will you finance your business? Learn about sources of funds, accounting the six Cs of credit, banking relations, ratio analysis, and monthly preparation and review of financial statements. Hear directly from a bank loan officer how banks assess the merits of business plans and loan applications. Register for Workshop 5
~~~~Quick Links~~~~