Too many entrepreneurs try to start and operate a business without enough capital or income. As a result, many small businesses fail because of insufficient funds. The Eastern Panhandle Entrepreneurs Forum (EPEF) will present "You Want to Start a Business - Can You Afford It?" on Thurs., Aug. 1 at the Inn at Charles Town.
To avoid such problems, entrepreneurs need to analyze how munch money they will need to start their business and how much money they will need to stay in business. Matt Coffey, business coach with the West Virginia Small Business Development Center, will discuss how to identify what your start-up costs and operating costs will be. He will explain how to determine the amount of revenues you will need to sustain your business and make a living.
The event, which is free and open to the public, begins at 5:30 p.m. with refreshments and networking, followed by the program at 6 p.m. The Inn at Charles Town is located at 100 Hollywood Drive in Charles Town. For more information, call 304-728-3255 or email firstname.lastname@example.org
Organized by the economic development authorities in Berkeley, Jefferson, and Morgan counties, the EPEF is a non-profit organization of individuals in the business and technical communities that promotes the creation and growth of innovative new businesses in the Eastern Panhandle. Quarterly programs occur the first Thursday in February, May, August, and November, rotating between venues in the three counties. The EPEF is based on the premise that the future economic vitality of the region comes in large part from the emergence of new businesses through entrepreneurial culture, a pool of resources to draw from, and successful models to follow.