Q: What are the reasons for writing a business plan?
There are a few reasons one should write a business plan:
1. It helps you to think deeper about your business or product and access the probability of success of your business. It will allow you to gain a greater understanding of your industry, your company and your customers.
2. When a company applies for a loan or is looking for investors, it is expected that you have a business plan to present. A savvy investor will scour your business plan before deciding whether or not trust you with their money. Many times commercial real estate agent also will request a business plan to access your reliability as a long-term tenant.
3. A business plan can act as a guide as you are growing your business. You can refer to it in making internal decisions. By the end of the business plan writing process, you will have a better understanding of what your internal company culture is like and how to make spending decisions based on those values.
Q: Will someone be writing my business plan for me?
No. These workshops are designed to help participants gain a deeper understanding of all of the elements that make a business and a business plan more successful. By writing your business plan you will have the opportunity to think about and direct strategy based on the research and exercises you do throughout the course. Being in a smaller class setting will also provide support, inspiration and motivation to see other people doing the same things!
Q: Will I have a finished business plan at the end of the program?
The 9-Week Business Plan Workshop was developed to enable participants to have a finished, comprehensive business plan at the completion of the program. However, this does require participants to attend all nine sessions, commit to participating in the group’s online discussion, and complete outside classwork as needed (up to 3 hours a week). For those who have to miss any of the sessions, the workbook each participant receives will help walk you through what was missed.
Q: What can I expect after my business plan is complete?
After the workshop is complete, you will have the tools needed to present your business plan to financial institutions, investors, and your team/prospective employees, as well as resources to aid you in revising and enhancing your plan as needed. Participants will continue to have access to the private Facebook group, where you can run ideas and challenges by your peers. Additionally, one-on-one coaching is available through MeetGeraldine after the workshop, for those interested (contact us for more information).
Q: Will you help me find funding?
The 9-Week Business Plan Workshop will provide insight regarding funding and ways to obtain money for your business; however, our instructors do not provide broker services, and they are not responsible for finding funding sources for class participants.
Q: What payment options do you accept for the 9-Week Business Plan Workshop?
A: The investment is $1,500, with payments processed via PayPal (which accepts checking accounts and major credit cards). A non-refundatble $200 deposit is due upfront, with the remaining balance due prior to the start of the first class. We do not hold spaces for later payment. Enrollment is on a first-come, first-served basis.
Q: What happens if the workshop is cancelled?
If a class is cancelled due to low enrollment, students will be notified and a refund mailed or a credit issued on the credit card used.
Q: What happens if I need to cancel my registration?
Requests for cancellation by the student one month before the first day of class will be honored (minus a $50 processing fee). NO REFUNDS will be given for a cancellation made less than one month in advance of the first day of the class.
Q: What is the parking situation for the workshops?
Our workshops are held in the MeetGeraldine office conference room which is located at 337 17th Street, Suite 101, Oakland, CA. We are 2 1/2 blocks from BART for those that would like to take public transportation. Otherwise, there is street parking for $2 per hour before 6pm OR various parking lots and garages that cost $10 flat. Street parking is free after 6pm. For a list of local parking lot options click here.
Q: Are there good places to eat nearby?
A: Yes, the MeetGeraldine office is surrounded by excellent places to eat! Here is a list of local restaurants we recommend