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ISBDC Online Business Feasibility Workshop

Conveniently Learn What It Takes to Open a Business
from The Comfort of Your Own Computer

Why is it so difficult to start a successful business? One-third of new businesses fail in the first two years. After four years, two-thirds of entrepreneurs close their doors. According to the Small Business Administration, the three most common reasons start-ups fail are lack of capital, lack of planning, and unrealistic expectations. No one starts a business thinking it will fail. How do you know you and your ideas can beat the odds?

The ISBDC Online Business Feasibility Workshop is your first step toward small business ownership success. Every successful business is built on a sound foundation. This internet based seminar helps students evaluate their business ideas with that end in mind. Prepare yourself to create a sound business plan, manage expectations, and increase your chances of accessing capital.

Questions You Will Answer
  • Do you posses the characteristics required to start a business?
  • Do you have realistic expectations on what it is like to be self-employed?
  • What is your current personal financial situation and how much money will your business need to get started?
  • Who will buy your products or services and where should you direct your marketing?
  • Is starting a business a calculated risk worth taking?
More Than Just An Online Lecture

The ISBDC Online Business Feasibility Workshop is based on the ISBDC Business Feasibility Workbook available at all of our regional offices. A FREE electronic copy of this 60 page step-by-step workbook is available with enrollment. The complete workbook is covered in this online workshop.

Once you’ve registered for the ISBDC Online Business Feasibility Workshop, you can access the presentation and course material whenever you need it. Complete half the class today, and finished the other half next week. Even when you’re looking for a refresher, simply revisit this site.

Workshop Agenda

  • About The Step-By-Step Business Feasibility Process
  • Identify Personal Objectives, Skills, and Resources
  • Describe Your Business Idea and Requirements
  • Develop A Sales Forecast
  • Identify Start-Up Expenses
  • Estimate Your 12-Month Operating Budget
  • Put It All Together: Evaluate Business Feasibility
  • Analyzing Your Results

Should I Consider a Classroom Workshops?

The ISBDC Online Business Feasibility Workshop is designed to help students who are unable to attend a live ISBDC feasibility workshop. It is always advised to attend a live workshop over an online alternative. Online presentations are no substitute for the one-on-one attention available at each ISBDC seminar. To see if there are any classes coming up in your area, click here.

If the online alternative better suits your needs, remember ISBDC Business Advisors are available to answer any of your questions. To contact your closest ISBDC office, click here.

 
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"Large companies creating hundreds of new jobs make headlines, but it's the hard work and determination of Indiana's small businesses that continue to drive Indiana's economic growth."

- Governor Mitch Daniels