Essential Steps for Starting a Business (In-Person/Webinar) Plano Library

An introductory Workshop that is designed for the entrepreneur and small business owner to learn what’s really needed of them to start and run a successful business.

However, there’s a number of factors to keep in mind before starting your own business.

We’ll introduce you to key business considerations, like the myths and realities of entrepreneurship, different business options to pursue, the components of business ownership, legal & financial considerations, and business plan basics.

Discussions will include:

• the need for personal skills
• products/services
• legality
• financing & planning
• learn how committed you need to be to make the business successful

TUES-Team Up for Entrepreneurial Success-Discussion on Using Google Trends

Come and share your ideas, experiences, and ask your questions. This is a great opportunity for you to interact with other local small business owners while gaining insight from our SCORE Dallas Mentors!

This month’s discussion we’ll talk about Google Trends. Using Google Trends allows you to explore what is of most interest for your audience and how to adjust your marketing efforts to meet their needs. Learn and share your Google Trends experiences.

Hosted

by: Plano Public Library

Advanced Business Plan Writing

Why a Business Plan is Important…

Writing and updating a Business Plan helps you organize your thoughts and assumptions about your business and write them down in an organized way.

You SHOULD use this as a checklist on an ongoing basis in managing your business. By documenting assumptions and milestones you can adjust actions to take to better manage your business.

If you want to get a loan or raise money, the Business Plan is REQUIRED by any lender.

A business plan is very specific to each particular business. However, while each business needs a unique plan, the basic elements are the same in all business plans.

If you are currently writing and/or updating your business plan but found it to be a little challenging or not sure what to do next, then this webinar can help you move forward.

By using the provided template, that will be illustrated during the live webinar, this will assist you in making sure that you are thinking about all the things you should be doing while managing your business.

At the completion of this module, you should be able to:

• Describe the importance of a business plan
• Identify the elements of an effective business plan, and..
• Write YOUR successful business plan

We encourage you to prepare any questions that you may have ahead of time for the Instructor to address. This way, they will be able to answer your direct concerns that pertain to your particular business.

Financials for Non Financial Managers- A Veritex Sponsored Event

Come learn the terminology and put into practice what you learn. We’ll spend time working with the Income Statement and show you what it means and how it relates to the Balance Sheet. We’ll spend considerable time looking at the Cashflow statement and making sure you can create one for your future use.

A Veritex Representative, Erika Hersh, will give you a banker’s point of view and offer advise that every small business owner should know when it comes to understanding financials for your business.

Erika Hersh joined the Veritex Community Bank team in 2020. She is an SBA Lender and responsible for assisting businesses with loans up to $5MM. Prior to Veritex, Erika was the Regional Lending Manager for PeopleFund, a Community Development Financial Institution. She has extensive experience in SBA Lending, Small Business Consulting, & Business Education. Erika has been honored by Fort Worth Inc. Magazine as one of the Top 400 Most Influential People in Fort Worth for the past 3 years.  She is Chair of the Burleson Area Chamber of Commerce Power of Heels Division. Erika has a passion for helping business owners reach their full potential. Outside of the office, she enjoys volunteering her time as a counselor and spending time with family.

TUES-Team Up for Entrepreneurial Success-Discussion on Define Your Target Market

Come and share your ideas, experiences, and ask your questions. This is a great opportunity for you to interact with other local small business owners while gaining insight from our SCORE Dallas Mentors!

This month’s discussion we’ll talk about how to define your target market. Get some useful tips from other small business owners and find out to target your customers.

Hosted

by: Plano Public Library

Buying or Selling a Business?

Why you should attend this informative Webinar…

For businesses negatively impacted by COVID-19, business owners, buyers and lenders know the initial impact of COVID-19 on the business and better understand how certain businesses can adapt and recover during the pandemic. From a lending perspective, the more months of performance we can review during 2020, the better the chance of obtaining a reasonable business value.

This 3 hour Workshop is designed to educate individuals interested in buying or selling a business. Key topics covered will be:

·         Deciding to buy or sell a business

·         Finding the right fit

·         Planning for the transaction

·         Building a good team

·         Conducting the first meeting

·         Determining the business value

·         Writing the letter of intent

·         Performing due diligence

·         The final contracts

·         Case study using a real example