A sales channel is the manner by which a business sells (exchange of money) its product or service to the customer. In Session Three, we review the sales channels that work best for businesses transitioning from a few, scattered sales to more frequent sales of regularly higher quantities. These channels are public market vending and...

Whether it’s seen as an opportunity or a problem, money is needed by all businesses to run. As a business owner, you need to know how to use money in ways that help you and not hurt you. In Session 4, we will cover •    Simple budgeting to help you maximize saving and manage...

Committing to keeping accurate records of all sales and expenses is the foundation for ensuring your business’ future success. Written transactions serve as a documented history of your business’ daily performance. Moreover, these records are then combined at key moments of each year to present an overall picture of your business’ financial health. This session...

Session Six is the last session of LAEDA’s Turning Your Hobby into a Business, and the class where you get to showcase your talent! Applying everything learned in the previous five sessions, each student gets the opportunity to pitch their business. The pitch is a “show and tell” way to both market your product or...

The LAEDA Quick Start Series is a 5-part series that provides a great opportunity for individuals who wish to learn how to start a business and for more experienced business owners wishing to learn best practices in operating a business. Topics included in the series: Writing a Business Plan, Marketing Your Business and Credit Management....

Unit 2 of the Quick Start Series is focused on the importance of a business plan.  Whether you’re a seasoned business owner or just starting out, having a Business Plan to guide your efforts is priceless.  Business Plan I outlines the various parts of the business plan and its role in applying for financing to...

Unit 3 of the Quick Start Series continues the conversation around creating a business plan.  We will continuing covering the business plan -Creating a Plan of Action- Business Plan II.  What are your true operating costs, what are you really selling, do you have a personnel plan?  You’ll be amazed by what you’ll learn about...