This workshop will cover the "what, why, and how" of writing a robust business plan with proforma financials. It will cover the key elements of most business plans including business description (products and/or services), purpose, legal structure, the market opportunity, goals and objectives, competitive analysis, location, management team, operational overview, key personnel, personnel plan, start-up costs, and Executive Summary. This workshop will also cover pro forma financials; including income statement, cash flow statement, starting balance sheet, and industry ratio comparisons and any other supporting documents that might be necessary when seeking capital infusion (bank loans and other sources of capital).
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Speaker:
Foster Perry, is the Director and Senior Consultant of the Small Business Development Center and Procurement Technical Assistance Center at the University of Alabama in Huntsville. Foster has more than 35 years’ experience in Commercial, Government Contracting, and International Business. Foster's experience in business sectors include: industrial machinery, process control and measurement instrumentation, SCADA systems, oil and gas tools and exploration, industrial and aircraft engines, mining equipment, military modernization, specialty metals, manufacturing, defense and aerospace contracting, and specialty lampshade manufacturing.
Foster has been an Adjunct Lecturer in Management and International Business at the UAH College of Business Administration since 2002 teaching at the Junior/Senior undergraduate and graduate levels. He also serves as the Faculty Adviser for the student Entrepreneurship Club.
Wednesday, April 10, 2019
Part Two: Cash Flow Analysis & Funding Options
Wednesday, May 22, 2019
Part Three: Overview of Funding Options