Can My Business Idea Support Me?

LOCATION: BRYANT STUDENT CENTER, 1ST FLOOR MEETING ROOM- In this module participants develop an understanding of personal budgeting and its relationship to business planning. Exercises identify the kinds of data needed to project the revenue, start-up, and operating costs of a business, and the module introduces break-even analysis as a tool to assist the entrepreneur in measuring financial feasibility. Participants will: use personal assessment tools to help assess the "fit" between themselves and their business ideas; identify financial concepts (overhead costs, cost of goods sold, profit contributed per sale) to measure financial feasibility; and, practice using personal budgeting and break-even analysis for a sample business.

Speaker(s): John Smith

Fee: No Cost