NEOEDD to put on free business workshop

Published 8:43 am Tuesday, January 19, 2021

The Northeast Oregon Economic Development District is offering a free six-week workshop called “Business Foundations” on Tuesdays from Jan. 26 to March 2. The series’ is to help entrepreneurs and small-business owners build a foundation for a successful business. The weekly classes take place from 6-8:30 p.m. and are conducted by videoconference. Visit https://tinyurl.com/yxw5et4g to register, or email Lisa Dawson at lisadawson@neoedd.org for more information.

According to a press release, the workshop will focus on the following topics:

• Gaining Perspective: Consider your business concept.

• Laying the Foundation: Define line of business and analyze financial essentials, from overhead costs to break-even point.

• Getting into the Flow: Cover the financial essentials of cash flow, sales forecasting, and financial documents.

• Mission & Markets: Mission, discuss market research, identify competitors, determine how to reach target markets.

• Get the Word Out: Discuss creative marketing strategies and give peer feedback on marketing materials.

• Goodbye & Good Luck: Present your business plan, share final pitch, and plan for next steps.