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X-ORIGINAL-URL:https://ociesmallbusiness.org/
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UID:MEC-65f4d68a152bcdfb558e48afafe24a0a@ociesmallbusiness.org
DTSTART:20240620T220000Z
DTEND:20240621T000000Z
DTSTAMP:20240402T153300Z
CREATED:20240402
LAST-MODIFIED:20240402
SUMMARY:Level Up
DESCRIPTION:\nJune 20 – August 1\n\n\n\nSBDC Level Up is a program developed by the Orange County Inland Empire Small Business Development Center Network to assist small business owners in identifying when they are ready to expand and drive their business to the next level.\n\n\n\nVarious approaches to growth will be identified and analyzed, including new revenue streams; entering new market segments and expanding customer base; expanding the team; acquiring new technology and/or equipment; adding strategic partners; opening new locations; and mergers and acquisitions.\n\n\n\nThrough this program, business owners will work on putting together their path towards controlled-risk growth as they evaluate and develop their metrics, benchmarks, teams, financials, and strategies to reach the next level of growth.\n\n\n\nAt the completion of the program, eligible participants may apply for a County of Riverside Grant. Funds are limited and will be awarded on a first come first serve basis.\n\n\n\nOur six learning modules will focus on the biggest success drivers for growing your business:\n\n\n\nModule 1: Intelligent Planning\n\n\n\nEvery business faces a series of challenges on its path to growth. This module covers a variety of successful approaches to growth, and outlines they key elements of business planning that predict success.\n\n\n\nKey topic covered include:\n\n\n\n\nAre you ready to grow?\n\n\n\nWhat does growth mean to you?\n\n\n\nWhat are the key drivers of growth in your business?\n\n\n\nHow do you build a strategic plan that matches your vision?\n\n\n\nHow do you conduct market research to validate your vision?\n\n\n\nHow do you establish KPIs to ensure you achieve your vision?\n\n\n\n\nModule 2: Financial Management\n\n\n\nIn this module, you will understand your numbers through your P&L and build your financial projections to support your growth plan. This class will teach you how to accurately project growth, model it, and stress test it to make sure capital will work effectively with your growth plan. We’ll discuss ideas for improving your cash position, evaluating your expenses, optimizing your pricing, conducting reliable financial forecasting and more.\n\n\n\nModule 3: Understanding Customers\n\n\n\nThere is only one boss: CUSTOMERS! Growth in your business is all about attracting new customers and/or expanding what your existing customers are buying from you. Before tackling sales and marketing strategies and activities, it is key to understand your customers, both current and potential, to properly target your growth efforts. In this module, we will focus on identifying your target audience, understanding their pain points and what they care about, and honing your niche to drive future growth.\n\n\n\nModule 4: Sales & Marketing\n\n\n\nAll businesses engage in sales & marketing activities, but few tie all the elements together into a cohesive strategy that adequately addresses all the steps in the Customer Lifecycle. From collecting leads to converting customers to creating fans, we’ll use a simple but powerful framework to evaluate where you are today, identify your areas of opportunity and gaps within your Customer Lifecycle, and develop a roadmap for sales & marketing that will better position your business for solid growth.\n\n\n\nModule 5: Optimizing Operations\n\n\n\nOperations covers the entire infrastructure, equipment, processes and procedures that enable you to produce and deliver your product or service in a way that lets you run a successful business. These areas of your business often provide competitive advantage and determine your profitability. This module will help you assess and tighten up your operations, giving you opportunities to become more efficient, more productive, and more careful with all your resources (money, time, staff). We will also cover key issues in managing people.\n\n\n\nModule 6: Managing People\n\n\n\nWith growth comes optimizing and expanding your staff. Understanding human capital needs based on your growth plan is critical to achieving your goals. This module will help you understand your current team, identify missing talent, develop an organizational chart that supports your growth plan, understand staffing options to minimize expense and risk, and drive a high-performing team through strong culture, leadership, training, and management.\n
URL:https://ociesmallbusiness.org/events/level-up-5/
ORGANIZER;CN=:MAILTO:
CATEGORIES:Business Growth
LOCATION:Webinar
ATTACH;FMTTYPE=image/png:https://ociesmallbusiness.org/wp-content/uploads/2024/04/Screenshot-2024-04-02-at-8.31.46-AM.png
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