@ 500 W. Madison St., Suite 1150 Chicago, IL 60661 - 312 353 4540
Friday, October 14, 2016 from 8:45 AM to 12:00 PM
TIER 1 Workshop - 2- Plan 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.
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• 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.
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Presenter: Aaron Lebedow Co-Founder and Chairman of a global marketing consulting organization which served senior management of Fortune 500 companies; assessed these companies' market environments in terms of growth, technological threats/opportunities and competitive positioning.
The consulting disciplines that were the focus of his firm were included in the development of his clients’ Business Plans:
* New Product Needs/Assessments * Acquisition Assessment/Divestiture
* Market Size/Growth * Competitive Position/Future Strategy
* Technology Evaluation * Distribution Channels
* Product Planning/Diversification * New Markets/Geography Entry
* Adjunct Professor who taught Business Planning at the University level. |
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@ SCORE Chicago 500 W. Madison St. Ssuite 1150 Chicago, IL 60661
Phone 312 353 4540
REGISTRATION FEE $50.00
Register Now!
