Join us at the Juneau SBDC for this comprehensive, In Person workshop designed for aspiring entrepreneurs and early-stage small business owners seeking a solid foundation for launching or growing their business 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 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 and what order the Business Plan should be written in.
How to write the Business Description section; the Definition of the Market section; the Products & Services section; the Organization & Management section; the Marketing & Sales Strategy section; the Financials section; and what to include in the Supporting Documents section.
How to put it all together.
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.
We extend our heartfelt thanks to Haa Yakaawu Financial Corporation (HYFC) for their generous support in making this workshop possible! Thanks to their commitment to empowering local businesses, we’re able to offer this workshop at no cost to participants.
Also check out other Business events in Juneau, Workshops in Juneau.
