Is It Worth It? Evaluating “Opportunities”
Running a business isn’t just about dollars and cents. It’s about how you manage all of your resources - and that has a financial impact! It’s important to understand the true cost of spending those resources and the ROI (Return on Investment) you’re getting. This 3-month workshop series is designed to help you calculate the real value of your resources and maximize that investment while building basic business financial literacy skills.
As business owners, we can be inundated with offers to vend, partner, place products, and expand our business, but how do you know if those offers are actually right for you? Now that you know your margins, we’re going to use that leveled-up business mindset to objectively look at "opportunities" such as markets, wholesale, new product lines, etc. to see if they are really worth the investment.
During this workshop, you will learn to:
- Determine your goals for engaging in offers
- Calculate the cost to your Resource Budget
- Evaluate the potential ROI of an offered opportunity
- Get creative about making your own opportunities
Rayna McClane, Rebellious Resources CEO
Speaker(s):
Co-Sponsor(s):
Fee: No Cost