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starting-a-business

So You Want to Start Your Own Business

So you have decided to start your own business. You have made the leap to become your own boss and to put your business ideas in motion. That is wonderful news, but you are probably feeling a bit overwhelmed at tackling this new adventure in your life. Maybe you feel you lack the basic business knowledge to get you started and to sustain your business, or maybe you have some business knowledge, but just need a support system to fall back on and to boost your confidence and get you going in the right direction.

Well your local SCORE Cincinnati Chapter has the solutions for you on many angles of your new business anxiety. Come to a virtually free workshop ($5) on “So You Want to Start Your Own Business.” This workshop will be held on Saturday, December 10th at the CMC Office Center in Blue Ash, OH. The complete address is 10945 Reed Hartman Highway, Suite 105 Blue Ash, OH 45242. The workshop will start promptly at 8:30am and run until 12:15pm. Light snacks/drinks will be provided.

You may be asking yourself how will this workshop help you and your new business or even just the idea you have to start and create a profitable, sustainable, growing business? Some of the topics that will be covered will be taking an entrepreneurial self-assessment. This self-assessment will gauge your current abilities on becoming a successful entrepreneur. This is a very insightful self-assessment that will be enlightening towards your career on becoming a prosperous entrepreneur. This session will also go over the myths associated with being an entrepreneur and running and owning a small business. This information will be good to know because some of these myths may be currently holding you back from catapulting your business idea to greater heights, and some of the myths will be further examined to give you a clearer picture on what being an entrepreneur on a day-to-day basis is, and the hard work and determination that it truly does take in order to succeed in this space.

Two community-wide business leaders will lead this workshop. Mr. Rick Johnston is a former New Products Manager with Procter & Gamble and a SCORE Chapter Chairman. Mr. Tom Moon is a former Vice President and General Manager at Cincinnati Machine Tools, and President and CEO of Alba Manufacturing, Inc., and a SCORE Education Committee leader.

Additional topics of discussion at this very informative workshop include strategies to show you how to take your idea from thought to live process and ways to develop your business idea further, as well as, how to identify your customer base and target market. Marketing strategies and sales plans are discussed with step-by-step guidance on how to develop these two areas of your business and/or business plan. Financing strategies are also discussed in this workshop. Everything from where to obtain capital funding, and all of the many varied routes of financing a new business owner can partake upon to gain monies and needed financing to get your business up and running smoothly. Cash flow is a topic that is discussed within the financing portion of this workshop. This is a topic that is often misunderstood, so attending this workshop would definitely help you on gaining a better understanding to what exactly cash flow is, and it does not necessarily mean expenditures out and revenues in – there is a lot more to it than that.  There are some clear misconceptions pertaining to what cash flow actually is, and this workshop helps to alleviate these misconceptions you may have as a new business owner and beyond.

starting-a-business

Additional topics include options to starting a business for all of you on the fence about whether to take that leap or not, as well as, how to find the right resources to get you started and to keep you going successfully in your new business endeavor. Keep in mind that your local SCORE chapter has certified mentors/coaches on-hand essentially 24/7 that can assist you all along your business journey in one-to-one meetings and group mentoring sessions. The SCORE chapter also partners with many additional nonprofits in the area, for example, Bad Girl Ventures and Mortar which actively seek-out entrepreneurs to attend Launch! Programs to compete for capital funding. So getting involved with SCORE provides limitless possibilities for you as a small business owner to network, gain an abundance of amount of business knowledge, as well as, opportunities to compete for funds for your business start-up. There are SCORE chapters in both the greater Cincinnati area, as well as, Kentucky conveniently located to assist your business needs further.

So pencil it in on your calendar and come-out on Saturday, December 10th to the CMC Office Center in Blue Ash, OH from 8:30am – 12:15pm! Reservation is required due to limited space. Be sure and reserve your spot today!

Contributed by Cincinnati Score Mentor Luci Parmer, Ph.D. 

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