Friday, December 11, 2009
Want to be your own boss? Dislocated workers who are considering self-employment and entrepreneurs who are interested in starting their own business, but don’t have the skills or know how to get their ideas off the ground are invited to register for a class offered by the Center for Continuing Studies at St. Cloud State University.
The FastTrac® NewVenture program is offered Jan. 7−Feb. 15, and is designed to help aspiring entrepreneurs develop their skills and learn how to start and grow a new business. The course is a ten-module program covering concept analysis and the business planning process.
Participants will plan and analyze their entrepreneurial vision by creating a thoroughly researched and tested business plan, working on their business venture throughout the program.
The course goal is the completion of a business plan including; an executive summary, management and organization plan, product/service plan, marketing plan and a financial plan.
"The program covered all the critical aspects of what it takes to be a successful entrepreneur," Mark Nicholson, Lean Manufacturing of Minnesota. "From figuring out if you have what it takes to be successful, to understanding and researching your market to financial and legal concerns, and then systematically walking you through the development of a business plan."
Participants are connected with consultants from the Small Business Development Center. While 65-80 percent of all business start-ups fail with the first five years of business, 80 percent of SBDC long-term business clients are still in business after five years.
Typical sessions include facilitated discussions and activities, networking, small peer groups, a guest speaker and coaching sessions.
A key part of the experience is networking and learning from peers as well as seasoned entrepreneurs and professionals who work with start-up businesses.
"This workshop gave me the opportunity to learn the things that I might have missed, after jumping into business ownership," Sandi Bernard, owner, You Have it Maid. "One of the most rewarding experiences of this group has been the relationships I have established with some of the other participants in the workshop. The networking has been wonderful."
The course costs $495. For more information or to register, contact Tammy Anhalt-Warner at 320-308-4252 or firstname.lastname@example.org.
The course is offered by the Center for Continuing Studies, which offers customized training, in collaboration with the Central Minnesota Small business Development Center and area Minnesota Workforce Centers.
The program is made possible by ProjectGate (Growing America Through Entrepreneurship) Phase II grant awarded by the Minnesota Department of Employment and Economic Development Dislocated Worker Program.
The FastTrac business development program was created by the Kauffman Foundation, Kansas City, to help people who have lost their jobs or entrepreneurs whose businesses are struggling.
St. Cloud State University