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Betsy Hanscom,
Maine Warmers
"If I had not had that business plan I don't think I would have been successful"
Maine Warmers LLC, a developer and manufacturer of microwavable heating pads and ice packs, distributes their Maine-made products around the world through retailers and directly off their website. Betsy keeps busy doing the design work, purchasing fabrics, running the website, and orchestrating the activities of three subcontractors. SCORE has been with Betsy from....
Business Concepts (QS):
This workshop is your start in developing a feasibility plan for your business. You will examine how your business idea meets a need or solves a problem. You will clearly identify the features or benefits of your product or service. You will examine whether your personal skills and background are a good fit with your business idea. You will learn how to find critical information about your industry, customers and competition. You will be assigned a SCORE mentor to help and coach you through the process.
Thursday Sep 09, 2010
6 - 8 PM
Register Now
Marketing(QS):
In this workshop you will start to develop a marketing plan. You will
identify your target markets, discuss pricing strategies, focus on
creating a consistent marketing message, and discuss different
marketing communication methods. In addition, you will work on
identifying and developing an appropriate business plan.
Thursday Sep 16, 2010
6 - 8 PM
Register Now
Financial Projections (QS):
This workshop is designed to teach you to develop financial projections to see if your business concept is feasible in dollars. You will learn the importance of having a financial plan.You will look at start-up costs, operating expenses, breakeven analysis, the financial risks and rewards, and what funds will be needed to finance your business. You will see how financial statements are used to help manage your business. Don’t panic! An experienced SCORE mentor will be there to guide you through the numbers.
Thursday Sep 23, 2010
6 - 8 PM
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Funding Sources and Next Steps (QS):
This final workshop exposes you to traditional and non-traditional funding sources to finance your business. You will learn what information a bank needs to consider your loan request. You will learn what key elements go into the bank’s loan decision. You will learn to recognize your financial strengths and weaknesses. You will review your progress through the various workshop sessions and discuss what next steps may be needed to make your decision: “go” or “no-go” with your business concept. Your SCORE mentor will continue to work with you to complete any remaining items.
Thursday Sept. 30
6-8 PM
Thursday Sep 30, 2010
6 - 8 PM
Register Now
