Building the Foundation for Your New Business

Having your own business, being your own boss is the dream for many Americans. Unfortunately for the 1 million businesses started each year, most (80%) will eventually fail. Why? Not building the foundation for success by failing to plan, poor timing when entering the market, insufficient capital and little or no understanding of the market are common reasons. This workshop is designed to help you assess yourself, your idea, and your bankability so you can plan accordingly. Learn what our clients in businesses wished they had known: · The Key Business Rules · Questions you should be asking, where to find resources · The many ways you can trip-up in the beginning and how to avoid · The 9 C’s of the banking world If you are thinking about starting a business, this free seminar will provide information that can help you plan for a business that can be among the 20 percent that survive and thrive and introduce you to key resources that will assist you along the way.

Speaker(s): Diane Arnold, Director, Longwood SBDC-Danville

Co-Sponsor(s): Longwood SBDC, George Mason University, Virginia Small Business Development Center, U.S. Small Business Administration, SCORE Chapter 540, Barkhouser Center

Fee: No Cost