Simple Steps for Starting Your Business, Part 2: Business Concept

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

This program will be held at Union Savings Bank, 126 North Street, Danbury, CT 06811. Check-in at the bank will be at 5:30pm; workshops will start promptly at 6:00pm. Light refreshments will be served. Participants can register for any or all sessions based on their interests and needs and those who complete four out of the five programs will receive a certificate from the U.S. Small Business Administration, adding value to their entrepreneurial journey.

Parking is available in the main bank parking lot and you can either take the stairs to the 3rd floor or take the elevator to the bank training room on the 3rd floor.