Simple Steps for Starting Your Business, Part 2: Business Concept
Date and Time
Thursday Apr 18, 2024
5:30 PM - 7:30 PM EDT
Thursday, April 18, 2024
5:30pm - 7:30pm ET
Location
Bethel Public Library 189 Greenwood Avenue Bethel, CT 06801
Fees/Admission
There is no charge for this event.
Contact Information
Betsy Post, SCORE Western CT
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Description
This session will teach you how to evaluate your business concept. You'll do this by reviewing a feasibility plan draft of a sample business. You'll also learn how to research industry profile data, customer data, financial projections, and other information to help you create your own business feasibility plan. We will show you how to evaluate your business ideas to decide whether or not you should move forward with your business concept or go back to the drawing board.
Participants will be introduced to…
- the concepts of market need
- Creating a feasibility plan
- Data collection
- Research of your industry and target market
- Studying your competition
- Reviewing types of data
