Resource Partner Event
Aug 30

Introduction in Developing a Business Plan - Morgan State Univ.;8 /30/17; 4:30PM - 6:30PM; $30

Business Planning

Date:
August 30, 2017 | 4:30 pm EDT - 6:30 pm EDT

Location Name:
Morgan State University, Earl G. Graves School of Business

Address:
4100 Hillen Rd, #308, Baltimore, MD,21218

Sandra Conaway

Organization:
Small Business Development Center

Fee:
$50.00

A well crafted plan will act as a blueprint to build, maintain or expand your business and also be used to present your company as a viable and sustainable business entity in the loan application process. Further, a carefully written plan clearly presents each component of a business, explains how various aspects of a business integrate and coordinate, and assists business owners with finding hidden business weaknesses and opportunities. Key sections of a business plan include: an executive summary, the business description, management, employees, operations and suppliers, customer and market analysis (marketing, competition, location), plan strategy (including a SWOT Analysis), loan request and financial statements (balance sheet, operating statement, personal finances, cash flow). Topics of Discussion: -Key sections of a business plan -Moving ideas from mind to paper in a clear, concise manner -Tips on effectively presenting your plan -How Business plans are evaluated in the loan application process. -Presenting your plan in an intergrated and coordinated manner. -Addressing business weaknesses and opportunities. Graves School of Business (at the northwest corner of Hillen & Argonne, 1600 Havenwood Road): There are a number of options for parking near the school: •You may park on the street (Hillen)…be sure to pay attention to signage; parking on the east side of Hillen is illegal at certain times of day •You may park in the parking garage near the stadium and walk across campus via the bridge over Hillen (on the map the parking garage is #13, exit the garage, walk towards the Student Center (#13) and the library (#47), when you arrive at the brick walkway between the Student Center and the Library, turn left or south, follow the walkway past the Field House (#28) towards the bridge, follow the bridge across Hillen and into the Graves School •After 4:30 PM you may park in any school parking lot Be sure to allow 10-15 minutes to get from your car to the School and find the room, allow more time if this is your first time on campus