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