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http://www.diigo.com/rss/user/vtaylor/bizPlan

/ChatGPT/. diigo rss. new client reply > fqzw tag 22.wk category. bized* needs viewing.

/biz101/. /bizPlan/. /bizStartup/. /bizVolusia/. /bizOps/. bizMoney bookkeeping cashflow /ecommerce/. /bizDev/ social marketing. /bizFunding/. /bizGrants/. bizInvestor. /bixTaxes/. /bizWomen/. /bizVets/. /bizMWBE/ minority women. /homeBiz/. /scoreMentoring/ track of searches for clients. /bizTips/ fail succeed. /timemangement/. bizLife. /scoreClient/ client websites. /scoreResource/ services support. /bizNews/ updates changes press. /bizStory/ podcasts blogs. /bizEd/ webinars training instruction .bized* need to review. bizTools.

bizskills. Howto activities guided practice. seo stan. Social media. Ask imagine plan do improve. Website.

startup
Here are some resources that will be helpful.


 * SCORE.org library - recorded webinars, articles, self-study courses https://www.score.org/browse-small-business-resource-library


 * Checklist Volusia Startup.pdf - extensive list of decisions associate with business start, some specific actions


 * Volusia How to Start a Business.pdf - county specific business registration


 * Sign up for the SCORE Newsletter from the Volusia/Flagler Chapter - scroll to the bottom and enter your email address https://volusiaflagler.score.org/

https://www.1millioncups.com/s/account/0014W00002AqQdlQAF/daytona-beach-fl https://www.facebook.com/1MC.DaytonaBeach/
 * 1 Million Cups Daytona is a program run by entrepreneurs for entrepreneurs. Every Wednesday at 9am at Cinematique Theater, we are building and connecting Volusia County's entrepreneurship community. We bring in entrepreneurs to share their startup and success stories. There is no cost to attend and free coffee is served!

https://www.volusiabusinessresources.com
 * Volusia Business Resources - Which Stage Describes Your Business? . Start . Grow I have customers buying my product or service at a level where my company is gaining traction. . Thrive The demand for my product or service has created profitability to a point that I am ready to expand.

business planning
How To Write A Business Plan and Avoid Getting Stuck - talks about Business Model Canvas ( :00 - 20:00) as a planning tool and basic reality check for any business idea. Then goes into a more formal business plan based on SCORE templates.

The Business Model Canvas - 9 Steps to Creating a Successful 1-page business plan

This 1-page business plan is a great thinking activity. Use this for help deciding what business ideas could be viable. Operational businesses use this model to generate quarterly summaries to review current business status and for planning. Examine new (and old) target markets, revenue sources and partner relationships. Describe, design, challenge, invent, and pivot your business. Get started with an overview of your business. Make some notes and we can go over this together.


 * the-business-model template - attached


 * The Business Model Canvas - 9 Steps to Creating a Successful Business Model - Startup Tips . 10min video illustration for completing this 1 page business plan https://www.youtube.com/watch?v=IP0cUBWTgpY


 * The Easy Guide to the Business Model Canvas https://creately.com/blog/diagrams/business-model-canvas-explained/


 * How Do I Write a Small Business Plan? 7 Business Plan Writing Tips - A business plan outlines goals and timelines to make an idea become a reality. [article]


 * business-model-canvas.pdf
 * Checklist Volusia Startup.pdf
 * Volusia How to Start a Business.pdf

Please email me if you have any questions. When you are ready, we can schedule a followup meeting.

Some additional business planning guides. Depending on the current state of your business, it many be appropriate to consider some other aspects of your business that are highlighted here.


 * One Page Business Plan Worksheet - another business plan format - attached


 * One Page Business Plan Worksheet - from SCORE webinar * A Step-by-Step Approach to Writing a One-Page Business Plan https://www.score.org/event/step-step-approach-writing-one-page-business-plan similar to Business Model Canvas - 8 questions. Actions for 3, 13 and 36 months How to create a one-page business plan to guide the direction and growth of your company Eliminate distraction...


 * From Idea to Business Plan in Less Than 3 Hours | SCORE https://twincities.score.org/idea-business-plan-less-3-hours  going from a business or product idea to writing a business plan? Ever had difficulty visualizing how all the parts fit together? If your answer is “yes”, this workshop is for you! Come with... [recorded webinar 2 sessions]

https://www.score.org/resource/business-plan-template-startup-business .    Executive Summary. Company Description. Products and Services. Marketing Plan. Operational Plan. Management and Organization. Startup Expenses and Capitalization. Financial Plan. Appendices include documents that supplement information in the body of the plan. These might be contracts, leases, purchase orders, intellectual property, key managers’ resumes, market research data, or anything that supports assumptions or statements made in the plan.
 * Comprehensive SCORE Business Plan template - includes easy-to-follow instructions for completing each section of the business plan, questions to help you think through each aspect, and corresponding fillable worksheet/s for key sections.

Tech startup resource

Groundswell Startups - Melbourne, FL Groundswell is a give-first non-profit that cares a lot about our community. Our high-tech office space provides all you need to get your business up and running. Here, you'll find a quiet, open workspace with numerous amenities to conduct your business.

SCORE templates

SCORE Business Planning & Financial Statements Templates Gallery
 * SCORE Financial Projections Template
 * Start-Up Expenses
 * Opening Day Balance Sheet
 * Break-Even Analysis (Excel)
 * Cash Flow Statement (12 Months) (Excel)

Money & Women
Women Business Grants - /bizWomen/ & /bizGrants/

http://www.diigo.com/rss/user/vtaylor/bizWomen,bizGrants

/bizGrants/ - all grants

http://www.diigo.com/rss/user/vtaylor/bizGrants

/bizFunding/ - mostly loans

How to Influence Bankers and Investors - Seal the Right Deal for Your Business
 * The questions every “money professional” will ask and where to find the answers in advance. How to prepare for the conversation - the data you need to have at your fingertips before going into the meeting

http://www.diigo.com/rss/user/vtaylor/bizFunding

/bizWomen/ - Women in Business

http://www.diigo.com/rss/user/vtaylor/bizWomen

video 16min examples of business models and revenue https://www.youtube.com/watch?v=CakUeC1sCSs - another version of the explanation, more academic

banking / lendors
 * Truist
 * Florida First Federal
 * BB
 * information

web sites / domains
 * https://www.godaddy.com/websites/website-builder
 * wordpress

SCORE Volusia/Flagler
 * * Sign up for SCORE's Newsletter https://volusiaflagler.score.org - down at the bottom of the home page


 * * SCORE Volusia/Flagler Workshops calendar https://volusiaflagler.score.org/content/take-workshop-285 workshops - coming events The Volusia/ Flagler SCORE chapter offers many workshops each month. Currently, these are online. Many are recorded and can be viewed later if you miss the "live" event.


 * * SCORE library https://volusiaflagler.score.org/content/browse-library-285

SCORE
 * SCORE searchable resource library https://www.score.org/browse-small-business-resource-library - helpful resources, articles, recorded webinars.
 * SCORE FAQs https://www.score.org/frequently-asked-questions-about-score


 * Sign up for SCORE's Newsletter https://volusiaflagler.score.org - down at the bottom of the home page
 * SCORE Volusia/Flagler Workshops calendar https://volusiaflagler.score.org/content/take-workshop-285 workshops - coming events The Volusia/ Flagler SCORE chapter offers many workshops each month. Currently, these are online. Many are recorded and can be viewed later if you miss the "live" event.
 * SCORE library https://volusiaflagler.score.org/content/browse-library-285

Volusia
 * Volusia Business Resources https://www.volusiabusinessresources.com/
 * Small Business Development Center - at Daytona State https://www.sbdcdaytona.com/


 * UCF Incubator Volusia County Incubator https://incubator.ucf.edu/volusia-county-incubator/ . UCF Business Incubation Program Staff . Connie Garzon . Site Manager . 386-872-3100 . connie.garzon@ucf.edu
 * Volusia Manufacturing Association https://vmaonline.force.com/s/
 * https://datausa.io/profile/geo/volusia-county-fl data on population, industries, employers, business, and educational facts by counties in Florida.

Flagler
 * https://datausa.io/profile/geo/flagler-county-fl data on population, industries, employers, business, and educational facts by counties in Florida.

Florida
 * Florida SunBiz https://dos.myflorida.com/sunbiz/
 * Florifa SunBiz Start-up https://dos.myflorida.com/sunbiz/start-business/

US Gov advice and guides
 * SBA !0 Steps to start your business https://www.sba.gov/business-guide/10-steps-start-your-business - good outline


 * IRS online education https://www.irs.gov/businesses/small-businesses-self-employed/online-learning-and-educational-products - EIN, taxes
 * IRS videos https://www.irsvideos.gov/

Funding
 * https://www.score.org/event/how-to-get-an-investor-chase-you-understanding-investing-game
 * https://www.score.org/event/how-influence-bankers-and-investors-seal-right-deal-your-business


 * Small Business Loans and Lines of Credit | Truist  . Truist offers loans secured by additional collateral types, which are not disclosed here but are available through our branch network.Line of credit. Access to money—whenever you need it. Manage...
 * Florida First Federal

more
 * One Page Business Plan Worksheet.pdf - fill-in document similar
 * simple business startup - doesn't have to be a hobby https://www.score.org/blog/3-steps-formalizing-your-hobby-business
 * One Page Business Plans: Simple and Highly Effective https://www.score.org/event/one-page-business-plans-simple-highly-effective - recorded webinar


 * How to Make an SEO Plan and Build an SEO Strategy https://www.score.org/blog/how-build-seo-strategy-and-how-make-seo-plan - customers, marketing, business development, website
 * SCORE Financial Projections Template https://www.score.org/resource/financial-projections-template
 * SCORE business plan template 20+ pages https://www.score.org/resource/business-plan-template-startup-business

Veterans

Veterans’ Resource page from SCORE: https://www.score.org/resources-veteran-entrepreneurs

UPCOMING Veteran Specific SCORE Workshops:

Do you have what it takes to be a business owner? Veteran Entrepreneur Workshop Online - June 2, 2022, 12:00pm EDT - Hosted by SCORE SC Lowcountry

Franchising Opportunities for Veterans Online - June 16, 2022, 10:00am PDT - Hosted by SCORE Central Valley

Developing Your Business Plan. Veteran Entrepreneur Workshop 2022 Online - June 23, 2022, 12:00pm EDT - Hosted by SCORE SC Lowcountry

SCORE Blog from March 2022 - 6 Resources for Veterans Starting Small Businesses

https://www.veterati.com/ is a Veteran Mentorship Platform kind of like us, but only for veterans and their families.

Daytona State Small Business Development Center https://www.daytonastate.edu/in-the-community/small-business-development-center/index.html
 * https://www.daytonastate.edu/in-the-community/small-business-development-center/files/bbb-technology-checklist.pdf Technology Checklist . Businesses are quickly deploying all kinds of technology. Different kinds of technologies come with different risks and strategies to protect them. This checklist is designed to help you identify the technology in your business you need to protect. In addition, there are some basic security tips, considerations and links to resources that can help you learn more to detect, respond to and recover from cyber incidents.
 * https://www.daytonastate.edu/in-the-community/small-business-development-center/files/Tools%20Flyer%20-%2010.3.2018.pdf - business listing, directories, databases resources for market research, competitor information

basics - overview product service customers you

. existing hobby > business . 3 Steps to Formalizing Your Hobby Business

. idea, passion, skill, goal > new business

. what do you want? money? prestige? fame? leave a legacy? freedom? what do you want? money? prestige? fame? leave a legacy? freedom? Uncommon Sense . no plan survives first contact with the customer . solve a problem ask listen learn

. SCORE One Page Business Plans: Simple and Highly Effective https://www.score.org/event/one-page-business-plans-simple-highly-effective . webinar

. Developing a Strategy: The Business Plan . formal, extensive description, strategy

legal, government, regulation

. permits . tax receipts. register city, country . $$ annual some exemptions veterans disability

. license. department professional . professional

. zoning . no employee. evidence of use . 20% or less of home . uses defined by city county

. gov economic development free help information

registered agents

. Florida LLC Registered Agent │What Is It & Who Can Be One?

LLC expenses, owner pay, taxes

. How To Pay Yourself (And Taxes) in a Single Member LLC (video 10:00) . How do I pay myself as an LLC owner? . How do LLC owners pay taxes? . Which tax return form do I file for my LLC?"

. How to Pay Yourself as an LLC Owner (video 9:00) . How to Pay Yourself as a LLC . How Taxes Work for LLC Pay . How MUCH to Pay Yourself

. Publication 535 (2020), Business Expenses . common business expenses and explains what is and is not deductible. The general rules for deducting business expenses are discussed in the opening chapter. The chapters that follow cover specific expenses and list other publications and forms you may need.

. If you withdraw funds from one of your business accounts for personal expenses, record it as an owner’s draw, or reimburse the business. And vice versa—if you put personal money into your business, be sure to put it in writing. . 3 Steps to Formalizing Your Hobby Business

money - bookkeeping, banking, credit, loans, grants

. 3 Steps to Formalizing Your Hobby Business . If you withdraw funds from one of your business accounts for personal expenses, record it as an owner’s draw, or reimburse the business. And vice versa—if you put personal money into your business, be sure to put it in writing. . If getting a business credit card isn’t feasible, you might designate a separate personal card (either credit or debit) for your business expenses. . record all financial transactions, from bank deposits to bills. This information will help you to create profit and loss statements (which summarize your business’s performance over a period of time) and balance sheets (which show your company’s financial health on a specific date).

. wave - free / pay

. funding . BusinessTown . bootstrapping, crowdfunding, angel investors, family and friends.... . - Government grants - University funding - Alternative banks - Family investment offices - Startup business plan competitions - Sponsorship events - Startup accelerators - Customer financing - Advance product sales - Supplier financing - Employee financing - Equipment and vehicle leasing - Home equity loans - Credit cards - Strategic corporate investors

Ongoing

. learning experience . something new everyday . SCORE Volusia Flagler updates webinars articles . score.org searchable resources . associations chambers community . books blogs YouTube podcasts . courses

bizops - operations, money, bookkeeping, employees, taxes, business services, legal

. financials . income statement / profit and loss statement . balance sheet, which is a snapshot picture of the financial situation of a business at any one point in time, including all assets and liabilities. . “pro-forma” / “future” income statements and balance sheets . cash flow projections when cash will be flowing in and out

. emergency fund . insurance

. legal . 10 Legal Steps Every Small Business Should Take – Small Business Legal Toolkit

. transition to s-corp . profitability ($40—$50k a year is a very rough estimate), applying for S-corp taxation may help to minimize your self-employment tax burden. . 3 Steps to Formalizing Your Hobby Business

bizdev - marketing, promotion

. reach your target market . goal . budget message channel creative . selling . inform prospects about your great product or service that you believe could truly help them

. SCORE Volusia / Flagler . calendar

. Small Business Development Center @ Daytona State . Select the Idea (video 9:00) . Test the Market . Access Capital . Write a Business Plan . Understand Legal Requirements (video 30:00) . Putting it All Together . Concept Plan

. government contracting, procurment

biz plan w's
The Business Model Canvas is comprised of 9 key segments:

The middle section describes the business offering and is the value delivered to different customer segments.

The value propositions may be:
 * WHAT & WHY - Value Propositions: The collection of products and services your business offers to meet the needs of its customers. A company's value proposition is what distinguishes it from its competitors. The elements could be newness, performance, customization, "getting the job done", design, brand/status, price, cost reduction, risk reduction, accessibility, convenience, usability.
 * Quantitative – price and efficiency
 * Qualitative – overall customer experience and outcome

The right hand side of the Business Model Canvas describes the customers, how you deliver services and the relationships you have with your customers.
 * WHO - Customer Segments: To build an effective business, identify which customers you are serving. Be specific. Customers can be segmented based on the different needs and attributes to ensure appropriate implementation of strategies that meets the characteristics of selected group of clients.


 * HOW - Channels: A company can deliver its value proposition to its targeted customers through different channels. Effective channels will distribute a company’s products and services in ways that are fast, efficient and cost effective. Will you reach clients through your own channels (store front), partner channels (major distributors), or a combination of both.
 * Customer Relationships: To ensure the survival and success of any businesses, companies must identify the type of relationship they want to create with their customer segments.

The left hand section of the Business Model Canvas is the Infrastructure (business operations) section and comprises three key areas:


 * HOW - Key Activities: The most important activities in producing / delivering your product / service.
 * WITH WHAT - Key Resources: The resources that are necessary to create value for the customer.
 * WITH WHOM - Partner Network: In order to optimize operations and reduce risks of a business model, organization usually cultivate buyer-supplier relationships so they can focus on their core activity. What will you provide? What will be acquired or provided by others?

The bottom section describes the finances.
 * HOW MUCH - Cost Structure: This describes the outgoing money - costs, operating expenses
 * SO WHAT - Revenue Streams: The way a company makes income from each customer segment.

2022.11.21 revised