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 & objectives, preparing marketing & financial plans and defining action steps to attain appropriate goals. With a good plan, build your road map to success.

Description: 

* 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. 

SCORE services are provided on a non-discriminatory basis without regard to race, gender, national origin or disability.