The first step toward success for a prospective entrepreneur is a solid business plan. However, many start-up entrepreneurs are reluctant to write a business plan. A business plan is an essential step for any prudent entrepreneur to take, no matter what size the business.
Community Action Partnership’s Micro-Enterprise Business Development and Training Program helps individuals interested in starting and maintaining a home-based or second income business take the first step by learning to write a business plan. Through the program, participants learn valuable tips from experienced accountants, bankers, attorneys and other professionals.
“It’s hard work to create a good business plan, especially if you are going into a new career field or perhaps trying to turn a hobby into a business,” says LaSandra Wright, Director of Micro Enterprise and Computer Literacy for the Community Action Partnership of the Greater Dayton Area. “However, we’ve found that people who don’t finish a business plan don’t make it.”
Over the ten-week class, participants will learn about the many aspects that go into planning a new business. Course topics will include managing your business records, financing your business, managing cash flow, pricing your products and services, and more.
Classes are small and offer individualized attention. Childcare is provided to program participants on a first-come, first-serve basis. Persons completing the course may also be eligible to apply for a low-interest rate loan.
“The goals of the Micro-Enterprise Business Development and Training Program are to provide motivated and committed entrepreneurs the opportunity to receive business training, and obtain needed start-up capital and technical assistance,” says Wright.
The next ten-week class session begins Thursday, April 8 and continues through Thursday, June 10. Classes meet on Thursday evenings from 6 to 9 p.m. at the Community Action Partnership office, 719 S. Main St. in Dayton.
Visit www.cap-dayton.org/programsinyourcommunity/montgomerycounty/business_development.html for more information. Class space is limited and pre-registration is required. To pre-register, contact micro@cap-dayton.org or (937) 341-5000, ext. 125.