Simple Business Plan Bootcamp August 2024 - Loudoun, VA

Event description

Simple Business Plan Bootcamp is an  interactive, in-person class which deals with creating a business plan. One that is easy to understand and works for any small business.

You will learn an approach planning that is less confusing, shows you how to figure out what information you really need to research, and gives you the ability to make important decisions. SBDC Manager Eric Byrd will walk you through building your own simple business plan using tested tools and best practices so you can easily chart a course for success.

First you will identify the 5 Elements of Your Plan and begin answering important questions about your customers, their needs/wants, your solution and what resources you'll need to begin (or to grow if you're already in business). This becomes the foundation of your plan. It's critical information so you can make the best decisions and take productive actions once you launch.

You will discover a process to identify your core Customer(s) and what Value makes them want to buy what you offer.

Next you will incorporate that information and begin defining the business model for your company. This will help you understand what will be involved in operating your business successfully.

You will learn important financial terminology and explore the three key financial reports all business owners need to know to help you manage revenue, expenses and focus on profit in your business.

Throughout the process you will be able to ask questions and identify the specific information you need to have to create the right plan for your specific business.