Southeast SBTDC Offering Summer Small Business Development Trainings

CAPE GIRARDEAU, Mo., April 22, 2015 – Have you often wondered what you need to do to start your own business or how to write a business plan? Do you understand what there is to know about cash flow? The Southeast Missouri State University Small Business & Technology Development Center plans to offer four different training sessions in May, June and August.

These classes include: How to Start a Business, How to Write a Business Plan, Developing Cash Flow (Part 1) and Developing Cash Flow (Part 2).

During the three-hour training class on How to Start a Business, participants will be given an overview of the critical first steps associated with starting a business. The instructor will help them assess their strengths and weaknesses in terms of business ownership. Legal and regulatory requirements will be discussed, and sources of financing will also be identified.

While attending the How to Write a Business Plan class, participants will learn the key elements required for a successful business plan. Topics will include: define the business concept, learn the necessary components of the formal plan, understand how to research the feasibility and assess the industry, market and competition.

During the first session of Understanding Cash Flow (Part 1), participants will learn how cash flows into and out of a business. Topics will include: identify the sources of cash, uses of cash, different categories of expenses and how to read the cash flow report.

During the second session of Understanding Cash Flow (Part 2), participants will enter their sources of cash and uses of cash into the various cash flow categories and develop a cash flow statement. They will learn to estimate future sources and uses of cash and how to analyze those predictions to make more informed decisions. After this class, participants should feel more comfortable about decisions related to preparing for growth, realistic loan and financing requests, how much cash they can safely take out of the business and how to make affordable purchases for the business. For this class, participants should bring a calculator or their laptop computer.

Classes will be offered the following days and times:

 

How to Start a Business May 5 9 a.m.-noon 6-9 p.m.
How to Write a Business Plan May 14 9 a.m.-noon 6-9 p.m.
Developing Cash Flow (Part 1) May 18 9 a.m.-noon 6-9 p.m.
Developing Cash Flow (Part 2) May 28 9 a.m.-noon 6-9 p.m.
How to Start a Business  June 2 9 a.m.-noon 6-9 p.m.
How to Write a Business Plan    June 9 9 a.m.-noon 6-9 p.m.
Developing Cash Flow (Part 1) June 15 9 a.m.-noon 6-9 p.m.
Developing Cash Flow (Part 2) June 25 9 a.m.-noon 6-9 p.m.
How to Start a Business Aug. 4 9 a.m.-noon 6-9 p.m.
How to Write a Business Plan Aug. 11 9 a.m.-noon 6-9 p.m.
Developing Cash Flow (Part 1) Aug. 17 9 a.m.-noon 6-9 p.m.
Developing Cash Flow (Part 2) Aug. 27 9 a.m.-noon 6-9 p.m.

There will be no charge for these classes which will be held in the Douglas C. Greene Center for Innovation and Entrepreneurship at 920 Broadway in Cape Girardeau. To register for the classes, call Glenna Ervin at 573.651.2929 or email gervin@semo.edu.