A professional workshop focused on starting or expanding a business in Illinois will be offered next week in Toledo.
The Sustainable Entrepreneurship through Education & Development (SEED) center of Eastern Illinois University will offer another workshop to help combat the 80 percent of small businesses that fail within the first five years. The top reasons indicated for small business failure are inexperienced management of day-to-day operations, insufficient capital for startup and backup costs and inadequate business planning.
Topics covered in the workshop will include analyzing participants’ financial situation, evaluating their business concept, finding their market, establishing operational strategies, creating financial statements and obtaining the funding necessary to make their business idea a reality.
The “How to Start a Business” workshop will be from 6-8 p.m. Wednesday, November 19 in the Health Department Offices at 132 NE Courthouse Square in Toledo.
Cost for the event is $25 per person and $35 per couple and registration is required by noon on the date of the class. Registration is available online here.
The center was established as the new interdisciplinary home for entrepreneurial education, research and community partnerships at EIU. The primary focus is to foster collaboration among students, researchers, educators and practicing entrepreneurs to promote entrepreneurship through integrative learning. For more information about the workshops, please call 217-581-2913, email here or visit the website here.