Bedford Business GamePlan
Where can you find a plan to grow your business? The Bedford Business Gamelan is a 9-week seminar designed to help owners and leaders of businesses make positive adjustments to their business as we move past a Covid-19 pandemic economy. Attendees will hear from professionals in various fields such as Legal, HR, Banking, Marketing and Finance, as well as advisors and coaches from the Virginia Small Business Development Center that serves the Lynchburg Region.
Calendar
Week 1: COVID19 Challenges, Risks, SWOT Analysis, Pivoting
Week 2: Revisit Hypotheses, Testing, MVP (Minimum Viable Product)
Week 3: Market – Products/Services Mix Adjustment, Pricing, Sales Strategy Changes (SEO, Sales Funnels, Strategies)
Week 4: Improving Financials – Revenue, COGS, SG&A, Profitability
Week 5: Improving Financials 2 – Local COVID Relief, Additional Capital Requirements (Debt and Equity), Burn Rates, Cash Flow Strategy
Week 6: Legal Compliance Check (Operating Agreement, Contracts, Licenses, Taxes, Insurance)
Week 7: Success after this class, Mentors & Advisors
Week 8: Grow the Right Team, Re-Org
Week 9: Gearing up for Scale – CAC (Customer Acquisition Cost), CLV (Customer Lifetime Value), Customer Purge, Various Revenue Streams
Launching July 29
Check back soon for an application or join our email list to be notified.
*COVID conditions will be taken into consideration as we make decisions regarding in person vs Zoom.
About GrowthWheel:
Business Blueprint will use the GrowthWheel system as part of the curriculum. GrowthWheel helps entrepreneurs build their businesses through a simple actionfocused process that stays true to the way most entrepreneurs think and work.
