Manage Your Business

Manage Your Business

Within this section, you will be directed to the organizations that can teach you: leadership traits, how to manage and develop employees, marketing basics, business development, and sales and financial issues.

FastTracSC

Few components strike fear into existing or potential business owners like the prospect of financial statements and assuring that there is sufficient money to start, operate and sustain a business. Understanding financial information is a key skill for entrepreneurs. Learning about the difference that accurate, timely, financial information makes in a business instills confidence to interact with the financial professionals that are important to the health of your business.

As owners, you need to understand how to identify your financial goals, what costs to plan for, and where to find relevant information including what sources of funding are realistically available for ongoing operations. You need to understand how cash flow affects business success i.e. knowing your short and long term cash flow requirements to avoid the risk of a profit-rich business that is cash poor. The budgeting process, your vision, and business strategy when designing a forecast are all crucial to improving your profitability.

FastTrac® is a comprehensive entrepreneurship-educational program that provides entrepreneurs with business insights, leadership skills and professional networking connections so they are prepared to create a new business (NewVentureTM), expand an existing enterprise (GrowthVentureTM) or move technology IP into a position to communciate with investors (TechVentureTM). Participants work on their own business ideas or ventures throughout the program - moving their venture to reality or new levels of growth.

Courtesy of State funding and support from major industries, programs are offered at discounted rates.

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