Business Design Series

Description

Take the first steps to turn your idea into a profitable business. If you have a business idea and need help getting started, the Business Design Series is for you!

In the Business Design Series participants are introduced to key aspects of designing and building a business so they can develop a workable action plan that will become the foundational piece for meeting with an SBDC Advisor. We begin with a self-assessment to help determine an entrepreneur’s level of comfort and competence in 20 critical business focus areas. Instructions, in class activities, articles and worksheets will provide students with tools to address the 4 basic challenge areas to every business: an attractive Business Concept, strong Organizational Structure, lasting Customer Relations and profitable Business Operations.

This class that meets once a week for 2 hours. In 4 weeks students will be able to:
 

Use the GrowthWheel to assess their readiness to start a business
 

Select a business entity and start a business

Utilize the Customer Relationship Arc model to design a successful business

Clarify an idea to determine the viability of the business

Identify key customers and develop a Customer Persona

Design a revenue model to meet the needs of key customers

Create an effective Elevator Pitch

Explore 21.5 questions every business owner must answer before starting a business

Determine start up costs and create a basic budget

Create an action plan with key milestones

Answer the question "Do I need a traditional business plan?"

At the end of this course entrepreneurs will have a workable Action Plan for taking the next steps in building a successful and profitable business.
 

Parking: $5 per day. There are parking permit boxes in the parking lot area.

ADA: If you need accommodations to participate in this event, contact Disability Services at 971-722-4341 or 503-246-4072 (TTY).