FastTrac New Venture

The Payoff

FastTrac NewVenture is ground zero for anyone interested in starting a business. An educational program created by entrepreneurs for entrepreneurs, FastTrac NewVenture is designed to help you evaluate and perfect your business concept. Taught by seasoned entrepreneurs, FastTrac's hands-on program uses your idea as a case study, giving you an opportunity to "workshop" your venture in a safe and supportive environment.

In class and one-on-one coaching sessions, you'll take a three dimensional look at your concept as well as study issues such as: What additional opportunities exist for entrepreneurs? How can I market my new business? How do I price my products and services? How do I begin developing budgets?

You'll study with a group of aspiring entrepreneurs who, like yourself, are trying to put their ideas into action. You'll also work with certified instructors, people with start-up business experience, who understand the benefits and pitfalls of starting a new enterprise. And by the time you finish, you'll know whether your idea has "legs" and if starting a business is right for you.

• Introduction
• Identifying and Assessing Venture Opportunities
• Concept Development
• Entry Strategies
• Market Research and Analysis
• Pricing and Profitability
• Market Penetration
• Budgeting
• Next Steps

The Bottom Line

What do you get out of FastTrac Planning? That's easy. Control of your business and your life. Graduates of FastTrac Planning describe the program as one that encourages entrepreneurs to streamline their business processes, analyze strengths and shortcomings, and achieve more balance in their work and personal lives. By working closely with other entrepreneurs in the intensive, FastTrac Planning environment, you'll interact with a group of people with whom you can share ideas, strategies, and successes. You'll also hone business skills that you ‘ll use to shape your business for years to come. Through FastTrac Planning you'll develop:

• Knowledge of a successful business planning process.
• A business plan that follows a planning template focused on growth strategies and effective business management.
• A better understanding of market opportunities.
• Insight on how to use resources to your best advantage.
• A network of entrepreneurial peers.
• Valuable mentor relationships.
• An understanding of such key business concepts as marketing, market position, finance, customer relations , and operations.
• A library of business reference materials, including an electronic template that you can use to update and modify your business plan.

Through FastTrac Planning, you'll study with a group of peers, entrepreneurs like yourself, who are working to improve their businesses. You'll also work with certified instructors, people with real business experience, who understand the challenges of operating and growing new enterprises. In this supportive environment, you'll incubate new business ideas, uncover areas that need reinforcing, and establish a foundation from which to make future decisions.

FastTrac Planning Session Outline

• Introduction
• The Management Team
• Legal Aspects
• Marketing Purpose and Research
• Marketing Analysis
• Marketing Penetration Tactics
• Financial: The Foundation
• Financials: Management Tools
• Financials: Budgeting
• Operations and Managing Growth
• Money Sources