Tips and advice on how to start a business is what Score 36 offered a group of individuals who attended First Financial’s free seminar on how to start and manage a business.
The in depth seminar covered everything from myths to starting a business, types of businesses, the business plan, the marketing plan, funding options, and more.
How to Start a Business Seminar Summary
Key Points to What You May Have Missed
Myths of Starting a Business – If and when you decide to start a business, be sure you are aware of the risks involved. Starting a business can be a wonderful thing but preparation is key. Starting your own business sometimes often means working more hours and doing more work than you would working for someone else. It’s hard work, but it can be worth it!
Types of Businesses – There are various types of businesses including: start ups, buying an existing business, and franchises. Proceed with caution!
Business and Marketing Plans – Having a business plan and a marketing plan in place are musts and are critical for success.
Funding Options – Consider how much money you will need to start your business. Will you seek out investors or a loan? Consider your funding options. First Financial can assist you with this. View First Financial’s business funding options.
Administrative Considerations – Will you offer insurance coverage?
Pricing and Profitably – What is your plan for making a profit?
Score 36 is a nonprofit organization that helps small businesses. It offers free counseling sessions, workshops, and more. To learn more about how you can get free help with your small business or to set up an appointment, visit Score’s website at www.score36.org.
First Financial offers several business seminars throughout the year – most of which are free to attend and include light breakfast and networking in addition to valuable information. Visit the event calendar at www.firstffcu.com and subscribe to this blog to stay up to date on all future seminars.