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 500 W. Madison St., Suite 1150 Chicago, IL 60661 - 312 353 4540

 Wednesday, February 8, 2017  from 8:45 AM to 12:00 PM

TIER l WORKSHOP - 2 - Plan for A Successful  Business 
A Great Business Plan Leads to Success 

A thoughtful and well-executed business plan is the first step for every potential entrepreneur. Good planning increases the odds of success. This workshop covers the essential elements of business plan development. Topics include: setting goals and objectives, preparing marketing and financial plans and defining action steps to attain appropriate goals. With a good plan, build your road map to success.

•Establish the information needed for a detailed Business Plan.

•Create the Environment of the Company, Product or Service that will be the basis of this Plan;identify the Operations, Marketing Approach and Financial Implications.

•Establish Pro Forma P&L Statements, utilizing three Revenue Scenarios—Aggressive, Modest and Slow Revenue Growth.

•Identify the Risks you’ll face within each Pro Forma P&L Statement. Select the Most Likely Growth Scenario.

•Develop the Expected Cash Flow from the Chosen Growth Scenario, Loan Needs   and Expected Payback to Investors/Yourself.

•Prioritize your Action Steps, recognizing those that are Absolute Musts, Very Important and Less Important In essence, you’re creating a Time Line/Calendar for the tasks you’ll undertake to accomplish your Growth Objectives.

•Create your Plan and the last critical item, the Executive Summary; note, this Summary must portray your view of the Business Opportunity as Positive, Enthusiastic and Succinct. Ideally presented on one page.
Presenter: Larry Feltes is a retired Air Force Lieutenant Colonel and Business man.  He served 24 years in comptrollership positions from the squadron to the pentagon.  He has taught at the college level and he is a co-owner of Sonny Acres Farm, Inc. - the largest harvest festival farm in the Midwest.  He holds both M.B.A. and M.P.A. degrees.

 

REGISTRATION FEE $50.00

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