Start, Plan, and Fund Your Business: A Step-by-Step Training for New Entrepreneurs – Juneau

Join us at the Juneau SBDC for this comprehensive, In Person workshop is designed for aspiring entrepreneurs and early-stage small business owners seeking a solid foundation for launching or growing their businesses in Alaska. Delivered in three progressive parts over the course of a single afternoon, this workshop offers practical instruction and hands-on support in the essential building blocks of starting a business, writing an effective business plan, and developing financial projections.

Attendees will leave with the tools, templates, and know-how to begin their entrepreneurial journey with confidence. Sandy Hussain, Director, Juneau SBDC, will provide you with resources tailored to the unique business environment in Alaska.

PART 1:  Starting a Business.

Attendees will learn about the initial steps and considerations for starting a small business, such as:

• Business licensing.
• Legal forms of business.
• Business record-keeping.
• Hiring employees.
• Business planning.
• Access to financing.

PART 2:  How to Write a Business Plan: Narrative.

Attendees will learn:

• The two parts of a Business Plan – Financial Projections & Narrative.
• Who needs a Business Plan?
• Business Plan tools that are available with the Alaska SBDC.
• How many pages should a Business Plan be?
• The importance of your Financial Projections.
• The Business Plan outline.
• What order should you write your Business Plan in?
• How to write the Business Description section.
• How to write the Definition of the Market section.
• How to write the Products & Services section.
• How to write the Organization & Management section.
• How to write the Marketing & Sales Strategy section.
• An overview of what’s included in the Financials section.
• How to put it all together.
• What to include in the Supporting Documents section.
• How Alaska SBDC can help you in preparing your Business Plan.
• Resources Alaska SBDC has that can help you prepare your Business Plan.

PART 3:  Creating Financial Projections for Your Business Plan.

Attendees will learn how to:

• Enter the Required Start-Up Funds for the business.
• Enter Salaries & Wages for the business.
• Calculate Fixed Operating Expenses.
• Create the Projected Sales Forecast.
• Calculate the Cash Receipts-Disbursements.
• Analyze your Beginning Balance Sheet.
• Understand your Income Statements for years one through three.
• Understand your Cash Flow Statements for years one through three.
• Understand your Balance Sheet for years one through three.
• Review your Three-Year Summary.
• Analyze your Breakeven Analysis.
• Review the Amortization Schedule.
• Problem-solve your financial projections to analyze the feasibility of your business.