Contact
SCORE Kansas City, Chapter 19chapter.0019@scorevolunteer.org
816-235-6675
Simple Steps to Starting Your Business
FREE Session - June 8, 2013
Session 1 is presented FREE on June 8, 2013. Registration is at 9:30 a.m. and the session begins promptly at 10:00 a.m. and concludes by Noon.
Normally, the fee for Sessions 2 and 3 is $49.00/pre pay/each session ($59.00 the day of the workshop). Sam's Club is underwriting the costs for the July Workshops and we are pleased to present the July 20th and 27th Sessions at no cost. Please register early as seating is limited.
WORKSHOP SESSION 1 - June 8, 2013 - FREE PRESENTATION
Start Up Basics focuses on 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
- the advantages and disadvantages of owning a business
- the most profitable form for your business
- the fundamentals of formation, organization, marketing, cash flow and funding sources.
WORKSHOP SESSION 2 (presented July 20, 2013)
Your Business Concept provides step-by-step guidance in researching your idea, your market, and your competition. At the end of the Business Concept section, you are able to:
- identify your target markets
- describe your products/services
- collect key competitive information to support your feasibility plan
Your Marketing Strategy provides you with an introduction to marketing methods and tools to maximize your customer reach. This session 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
- exercise your marketing strategy
WORKSHOP SESSION 3 (presented July 27, 2013)
Financial Projections uses exercises to help you better understand financial concepts. We will review 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. You will learn how to use our financial model to forecast cash flow, sales revenue and build solid pro-forma financial forecasts.
Funding Sources and Next Steps offers information on how to finance your small business. Discussions include sources of funds, the six C’s of credit, banking relations, ratio analysis, and monthly preparation and review of financial statements. You will get an inside view of how a bank assesses the merits of business plans and loan applications.