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Designed for individuals exploring the option of small business ownership. Participants will gain a realistic understanding of the necessary skills, demands and challenges key to successful small business ownership.
Important topics include:
-Pros and cons of ownership
-Characteristics of successful owners
-Pitfalls to avoid
Learn about the proper process that is key to starting a business in Connecticut.
Important Topics Include:
-Pros and cons of various business structures
-Business insurance
-Tax considerations
-Mandatory licenses and permits
-Obtaining financial
Focuses on identifying the important issues vital to proper business planning and how to develop a business plan that can be used as an effective tool to communicate your venture and how to solicit funding from lending institutions.
Important topics include:
-Marketing and sales
-Preparing financial statements
-Staffing and facilities selecting a solid management team
-Preparing a SWOT* analysis
*(Strenghts, Weeknesses, Opportunities and Threats)
Addresses effective management tools necessary to ensure the success of your business.
Important topics include:
-Marketing and Sales
-Know your customer, product, competition
-Budgeting, Costing, Pricing Techniques
-Understanding Financial Statements
-Tax Obligations
-Cash is King! How to manage it properly