SBA Sponsored Event
Apr 21
NOTE: This event has expired.

Creating a Business Plan with the Lean Canvas

Business and EconomyBusiness PlanningManaging a Business

Date:
April 21, 2018 | 9:00 am EDT - 12:00 pm EDT

Location Name:
SCORE Montgomery County PA

Address:
1653 The Fairway, Suite 204, Baederwood Office Plaza, Jenkintown, PA,19460

Fee:
This is a free event.

Writing a business plan is a key step to creating a successful business. It can help you clarify your goals, your target market, your key products or services and your financial plan. The Lean Canvas business plan template helps you lay the groundwork for your business with a more advanced business plan. Join SCORE to Learn the Best Practices for Creating Your Own Business Plan Whether you’re a startup or a newer existing business, creating a business plan can help you clarify your goals, your target market, your key products or services and your financial plan. The Lean Canvas is an easy to use, one page business plan template that will help you lay the groundwork for your business and more advanced business plan. As a startup or a newer business, you need a quicker way to get ideas out of your head, and you need to stay lean and avoid waste — so, it’s time to learn about Lean Canvas and use this process. This is where SCORE can help. What You'll Learn Your business plan can be as simple or as complicated as you need. It can be for your own information or it can be a tool for obtaining financing. This interactive workshop on April 21st will help you decide what level of plan you need, define the elements that are most beneficial to you and guide you through starting your own plan. This process can help you anticipate problems and catch areas to concentrate on or improve. Key elements covered in this workshop will be: 1. The solution you provide to a market problem - is your product viable and needed in the marketplace? 2. Your ideal client - understanding your ideal client is critical to your success. 3. Your unique selling proposition - why are you or your product the best solution to the problem? 4. The framework of your marketing message - we’ll combine your solution, the problem, the ideal client and your key advantages to create a marketing message you’ll be able to use immediately! 5. Key metrics - what steps do you need to take immediately to be more successful? 6. Your cost structure and revenue streams- are you pricing your products profitably and are your clients paying appropriately compared to the costs and to the market comparisons? How much does every revenue stream contribute to the overall revenues?