Start Up Tuesday – 10 Business Planning Tips for Starting a Business

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

 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).

Presenter

Michael L. Thompson

Michael L. Thompson, Beverly Branch Manager
SCORE Northeast Massachusetts
Michael Thompson learned international business and industrial marketing with a sugar refiner, food service marketing and international sales with a seafood processor, and consumer product marketing and team-building with a cookie & cracker manufacturer. Retiring early to establish a consulting practice, he volunteers with SCORE and has worked with a wide variety of organizations, from startups and non-profits to growing corporate success stories.