Home Events Level Up

Level Up

Level Up is a program developed by SBDC in collaboration with the City of Irvine, to assist small businesses in expanding and driving their business to the next level. During the four (4) weeks, business owners will work on putting together their path toward progress as they evaluate and develop their metrics, benchmarks, teams, financials, triggers, and strategies to reach the next level of growth. Trainees will learn how to de-risk expansion and get involved in proactive growth and development.

The biggest obstacles in growing your business include:

– Intelligent Planning

– Cash

– People

– Customers

Categories of growth include:

– New Revenue Streams

– Entering New Market Segments/Expanding Customer Base

– Expanding Team

– Acquiring New Technology/Equipment

– Adding Strategic Partners

– New/Additional Location

– Mergers and Acquisitions

This program is suited for businesses that meet the following criteria:

– In business and

– Making a minimum of $75k in (yearly) gross revenue

– A Brick and Mortar and

– Minimum of 2 full-time equivalent employees + business owner

*Participant must be the business owner and/or manager

#1 Plan to Grow: Every business faces a series of challenges on its path to growth. This module covers a variety of successful approaches to growth. You will find out how to grow your business as you learn about successful growth opportunities, identify failure in growth and pitfalls to avoid, and take action to set your growth plan as aligned with your vision. Are you ready to grow?

#2 Manage your Cash – Cash is king. But the question is: cash for growth or growth for cash? To grow your food business, you need to maintain adequate cash flow. In this module, you will understand your numbers through your P&L and build your financial projection 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. Numbers do not lie!

#3 Grow your Customer Base – There 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. This module will take your growth plan and help you hone in your efforts on bettering the outcomes of your current marketing and sales efforts, defining the target areas that you are trying to reach, and developing a strategy to grow your customer base.

#4 Develop your People – In this module, you will learn actionable steps you can take to assess and develop your human capital talent into a formidable all-star force. Utilizing individual skill sets and training to personal strengths ensures all individuals are functioning within the overall team at their highest and best use, creating a competitive edge not easily duplicated.

This program is offered through four mandatory Zoom group sessions. Participants will get the opportunity to be assigned to one of our business consultants through no-cost 1:1 consulting sessions to assist with the development of their growth plans.

Date

Oct 10 2023
Expired!

Time

10:00 am - 12:00 pm

More Info

Register Here

Location

Online
Category

Organizer

CSUF SBDC
Register Here

Subscribe now

Sign up to stay updated on the latest news and resources!

Select list(s) to subscribe to


By submitting this form, you are consenting to receive marketing emails from: OCIE SBDC, 800 N. State College Blvd., Fullerton, CA, 92831, http://ociesmallbusiness.org. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact