Residents of Southwest Idaho who may be interested in starting or acquiring their own business are invited to participate in free training sessions just announced by Boise State University’s College of Business and Economics and the Idaho Small Business Development Center.
The training is particularly relevant for those who have been, or may be, dislocated from their jobs, and who might want to pursue an entrepreneurial venture. The sessions will address the skills needed and the resources available to plan and run a business. In addition to the training programs, the Idaho SBDC staff will provide experienced consulting services for entrepreneurs.
The training sessions and consulting services are free. For more information, call (208) 426-3875. The schedule is as follows:
Overview of Entrepreneurship and Local Resources – offered twice, 9-11 a.m. Monday April 6, Jordan D, Boise State Student Union Building; and from noon-2 p.m. Thursday, April 9, Grand A/C Ballroom, Boise State Student Union Building. This is an introductory class discussing the many free/low-cost resources available to small businesses/entrepreneurs in the area. This is a business startup preparation class, as well as a resource guide for existing businesses. Anyone who is considering starting a new business, needs help with their business, is buying into an existing business, or who simply wants to learn more about running a business, will find this session valuable. Instructor Rod Grzadzieleski, Small Business Administration.
Buying/Selling/Valuing a Business – offered twice, noon-3 p.m. Monday April 6, Jordan D in the Boise State Student Union Building; and 2-5 p.m. Friday, April 10, Grand B/D Ballroom in the Boise State Student Union Building. What is the process of buying/selling a business and how do you determine its fair value? The class will cover how to value the business, how to finance the transaction, how to reach agreement between buyer and seller, and how to prepare yourself for the work ahead if the deal is done. Idaho SBDC consultants will be available to assist class participants in one-on-one, no-cost consulting, by appointment, to further assist. Instructor Rick Vycital, regional director for the Idaho SBDC.
Where Do Ideas Originate? – offered twice, 10 a.m.-noon Tuesday, April 14, in the Hatch C, Boise State Student Union Building, and 10 a.m.-2 p.m. Thursday, April 16, Hatch C in the Boise State Student Union Building. This class will help potential entrepreneurs determine what kind of business to start and how to create and evaluate good ideas. A really good business is one in which the potential client hears about the product/service, and immediately wants to buy. Anything less than a great idea results in a much harder business to operate profitably. Taking the time to come up with a sound business idea is core to your success, and ease, in selling to the marketplace. Boise State faculty members will brainstorm with participants on how good ideas come about and methods you can take to discover new, exciting business concepts. Instructor Kent Neupert, Boise State College of Business and Economics.
NxLevel Business Planning Class – offered twice as a two-day course, 8:30 a.m.-4 p.m. Monday-Tuesday, April 20-21, or Thursday-Friday, April 23-24, at the TECenter, Nampa. This class will cover how to develop a business plan that will guide your business. A business plan is critical to obtaining bank financing and is a business outline that is developed to organize an idea, the operational considerations, the market research, the marketing processes, the pricing options and the financial strategies. The trainer will be available to consult one-on-one with class participants following the course to assist in developing a business plan. Instructors Rick Vycital, regional director for the Idaho SBDC.
Business Basics for Spanish-Speaking Entreprenuers – 1-4 p.m. Wednesday, April 15, in the Lookout Room, Boise State Student Union Building. In Spanish only, this is a business startup preparation class, as well as a resource guide for existing businesses. Anyone who is considering starting a new business, needs help with their business, buying into an existing business, or who simply wants to learn more about running a business, will find this session valuable. Instructor Enrique Camarillo, Idaho SBDC Hispanic consultant.
Click here to view in-depth article from the Idaho Statesmen.com
Contact: Sherry Squires, University Communications, (208) 426-1563, email@example.com