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EDC Team Jefferson/Business Planning

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Business Planning

  • Course

EDC Team Jefferson’s Business Planning Course will help you create a business plan, look at cash flow, funding sources, marketing, and get you ready to start or grow your business.

Next class coming this Fall 2024

4:30 to 6:30pm Monday nights
8 week commitment

15 spots available – $300 per person.

We'll notify the waitlist first when the course is open for registration.

Do you have a great idea for a business, but no idea how to turn it into a reality?

Is your business growing and you need help planning out the next steps?

Join us for an in-person, eight-week workshop taught by EDC Business Advisor, Douglas Hammel.

EDC Team Jefferson’s Business Planning Course will help you create a business plan, look at cash flow, funding sources, marketing, and get you ready to start or grow your business.

This program is offered in a very practical, non-academic way in a relaxed, supportive environment.

Next Class

TBA: Fall 2024
4:30-6:30PM Monday nights
Meets weekly for eight weeks.

Location

2nd Floor Conference Room
385 Benedict Street
Port Townsend, WA 98368

Map It

Learn How To:

The workshop will follow the Core Four Business Planning course curriculum that focuses on four pertinent areas.

Core 1: Success Planning 

Success Planning presents tools for: self-assessment, financial goals setting, boundary setting, communication skills, selling skills, and contingency planning. You will prepare your “business owner” resume and personal financial plan. Success Planning is also threaded throughout the course with instruction and exercises for teaching you about due diligence, raising your self awareness about your wants and need, the business wants and needs, your role in the business, business ethics, and business legitimacy.

Core 2: Market Planning 

Market Planning presents tools and strategies for transforming your dream into a reality of a market-driven business including: identifying customers, analyzing competition and industry, identifying a market niche and position, options for distributing products and services, identifying features and benefits of products and services, image and packaging decisions, promotional planning, pricing, selling, and contingency planning. Market Planning stresses the importance of focusing on matching the business owner’s dream with the needs and wants of the customer, and interacting in a competitive marketplace. Sections on social media and included. A section on social media provides and overview of how to get started.

Core 3: Cashflow Planning

Cashflow Planning presents detailed strategies for preparing a cashflow projection, projecting sales, setting goals, and contingency planning. It focuses on helping you understand that the business and the person are separate economic entities. Cashflow Planning helps clarify personal financial needs form the financial needs of the business. 

Core 4: Operations Planning

Operations Planning presents key issues and strategies for having a legitimate business, compliance with all legal requirements, and effective business operations. It helps identify what work must be done, how all of the work will be done, and who will do the work. Operations Planning helps you identify the various “hats” you, the business owner, must wear and how to stay focused. This 8-week course will take you through all the activities and skill development necessary to create a business plan.