SCORE Workshop: How to Start and Operate a Small Business

How to Start and Operate a Small Business:  Session IV - Its All About Profit

• From Business Plan to Action Plan, tracking your predictions versus your actual performance.
• Revenue and Profit, measures of profit, simple formulas for Gross Margin and Contribution Margin.
• Four basic methods of increasing profit:

     increasing sales volume

     reducing overhead costs

     reducing direct cost

     increasing the selling price

• Examples on how successful businesses can increase profits by using these methods.

Fees:

• The fee for each individual workshop is $25.
• The manual on preparing a business plan is $20.
• A special price of $100 is offered for 4 courses as a package including a manual.
• Additionally there is 50% off the workshop fees for each additional person.
• All fees are nonrefundable.

Make checks payable to Pottstown SCORE and mail to:

Pottstown SCORE, 244 High Street, Suite 102, Pottstown, PA 19464.

Registration 6:45

SCORE is the Service Corps of Retired Executives, a nonprofit association, Sponsored by the U.S. Small Business Administration. It provides counseling on small business start-up procedures and on problems in existing small businesses. Its services are confidential and free.