DSLBD and the Washington DC Chapter of SCORE are offering free business mentoring sessions. Small businesses will have the opportunity to connect with a seasoned business counselor to ask questions and address the issues they face while starting and growing a business. These sessions are best suited for start-up businesses or those looking to refresh their current strategies.
Simple Steps to Business for the Creative Entrepreneur
Simple Steps to Business for the Creative Entrepreneur is a 5- week training program aims to boost small businesses in creative industries.The program addresses the need to foster the development of resources that will directly serve this growing sector.
Targeted Creative Economy Sectors:
- Arts and Heritage: Performing and visual arts, including theaters and galleries; spectator sports; independent writers and performers; promoters; agents and managers; museums; and zoos and gardens.
- Information and Technology: Internet publishing, broadcasting and portals, media and broadcasting companies. recording industry, news syndicates
- Graphic design services, interior designers, advertising and public relations, fashion design
The program advances through a comprehensive list of business topics essential to any entrepreneur. Simple Steps to Business provides a practical overview of the fundamentals required to start a small business. You will participate in workshops, receive one-on-one coaching, and spend time completing a business plan.
Module 1: Start-up Basics
This introductory workshop focuses on the basics of testing your business idea and identifying the key factors that influence start-up success.
Module 2: Business Concept
The second module focuses on your business concept and step-by-step guidance in researching your idea, your market, and your competition.
Module 3: Marketing Plan
The third module provides you with an introduction to marketing communication methods and tools to maximize your customer reach.
Module 4: Financial Projections
This module reviews sales and prices, financial risks and rewards, true start-up costs, ongoing operating expenses, setting benchmarks for tracking progress and the organization of all your financial information.
Module 5: Funding Sources and Next Steps
In this module, discussions include sources of funds, accounting the five C's of credit, banking relations, ratio analysis, and monthly preparation and review of financial statements.
Who Should Apply
In addition to the business being in a creative industry, ideal candidates should be:
- Self-employed or running a small business and interested in learning how to focus on the right things to ensure success
- Already in business and too busy to go back to school or devote large chunks of time to learning
- Struggling with how to best get business ideas, work, products or services out of your head and into the market
- Dedicated to developing a comprehensive business plan and in position to apply new strategies into their business model
Classes begin Thursday, October 22, 2015 and will meet weekly through November 19, 2015. Sessions are 9 am – 12 pm at 441 4th St NW, Suite 805S. All workshops sessions are mandatory; it is the participant’s responsibility to arrange for notes if one must miss a session. Seating is limited.
Interested candidates must submit an application online, DSLBD will contact all accepted candidates directly via phone and email.