Placer Business Development Day

Back Event Mar 22 @ 10 am

This no-cost workshop is packed with information with our two most popular workshops combined into one! 

Topics to be covered: 

• Business startup considerations: 
• Strong Detailed Business Plan with assumptions.
• 12-24 months of Projections-Revenue, Expenses, Profit/Loss, with assumptions.
• 12 months of working capital expenses. 
• Start a relationship with a CPA—worth the investment
• Prepare monthly financial statements, diligently.
• SBA financing options.;
• Leasing options.
• Lines of Credit.

Business Plan Development: 

Have you heard the saying, “Businesses don’t plan to fail, they fail to plan?” It’s true – whether you are just starting out or are growing your business — having a well thought-out, written business plan can help you stay on track for success. A business plan can help you get organized, support an application for a loan, and serve as a roadmap to take your business in the right direction. 

Although business plans generally follow a generic outline, no two plans are exactly alike. Your plan would include key success factors for your specific industry. And you would write your plan for a specific audience: a plan written as an internal document to guide your day-to-day operations would be different from one developed for a banker or an investor. 

Loan Readiness: 

  • How can the SBDC help if you are turned down for a loan? 
  • How does a small business get money? Bank loans— are they impossible? 
  • Doing your homework before applying for a loan— who might be able to help you?
  • What is the SBA Loan Guarantee Program—how can SBA help? 
  • How does SBA look at my loan request? 
  • Are their tips for dealing with lenders? 
  • What else can SBA do for my business? 
  • Differences in Bank Lending and Alternative Lending, and resources available? 
  • Financing ABC’s – How the SBA (Small Business Administration) and the SBDC (Small Business Development Centers) can assist in financing needs for startup and expanding businesses. 
  • Why and How Understanding Business Finance is necessary 
  • Alternative Financing Options – Alternatives to the same old, same old… 
  • Out-of-the-Box Finance Options 
  • How You Can Help Yourself when looking for Money to Start or Expand Your Business.

To register, click here