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10 Business Planning Tips for Starting a Business

Enterprise Center at Salem State University

121 Loring Avenue | Salem, MA 01970

January 16, 2024 @ 8:30 am - 10:00 am

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Are you thinking of starting a business but don’t know where to begin? In this workshop, our expert presenter will give you 10 business planning tips to help you start your entrepreneurial journey on the right path.  At the end of the workshop, you’ll have a list of simple steps that you use to begin our business journey today!  Here are the business planning elements we’ll review:

 

  1. How to define the business idea
  2. How to test the idea
  3. Defining the customer
  4. Understanding the competition
  5. Knowing the Industry
  6. Management
  7. Explaining the value and benefits this business will provide
  8. Marketing strategy
  9. The financial options
  10. Is the business idea achievable and does it make sense to start this business

Speaker:  Michael L. Thompson, Beverly Branch Manager, SCORE Northeast Massachusetts

 This informative workshop is offered at no cost and is being sponsored in partnership with the North Shore Alliance for Economic Development and the Massachusetts Office of Business Development (MOBD).

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