You’ve got a great business idea…but can it become a great business?

Put your business ideas to the using a 10-step evaluation process. By the end of the session, you’ll be better able to predict whether your business will succeed, how long it will take to reach breakeven, how much you’ll be able to pay yourself, and how you can improve your overall chances for success.

TICKET REQUIRED | REGISTER HERE
https://www.eventbrite.com/e/will-it-fly-test-your-business-idea-tickets-45982336406

10 STEPS TO A BUSINESS IDEA THAT FLIES

Target Market
What are you selling, who are you selling it to, what’s the size of your target market, what’s going on in the industry

Marketing Plan
How will you reach your target market, what types of marketing will you use, ROI/effectiveness

Competition
How do you stack up against 3 of your competitors in 5 primary categories

Startup Costs
How much money will it take to start the business, where will the funds come from, how will your cash flow, when will you reach breakeven

Earning Potential
How much will you have to produce and sell to make the salary you’d like

Income Stream
Referrals, reorders, residuals, passive income, contracts, scalability

Good Fit
Do you have the passion, experience, expertise and management skills to run this type of business

Timing
Market timing and personal timing

Risk Level
How much legal risk, financial risk, competitive risk, and personal risk are involved

Exit Strategy
Will you be able to sell the business when you’re ready to quit or retire

YOUR INSTRUCTOR
Self-employed since the age of twenty, Jennifer Croft, owner of 5 Minute Classes, has successfully started and run seven small businesses. Through her teaching and one-on-one consulting, she has helped more than 3,000 people start and run their own businesses.

This workshop series is presented by
The Commons on Champa & 5 Minute Classes

Looking to dive deeper into creating your business plan? Check out our 2-Day bootcamp, November 3-4, 2018! Use promo code: CAMP100 to save $100 at registration. Go to: http://bit.ly/bizbootcamporg

SPACE IS LIMITED
Only those who register via Eventbrite will be able to participate.

REGISTER HERE
https://www.eventbrite.com/e/will-it-fly-test-your-business-idea-tickets-45982336406