PIKETON, Ohio -- Being one's own boss can be a rewarding experience. But poor execution and operation can quickly hinder success. Ohio State University Extension is offering a workshop on the important components of developing and running a business.
Christie Welch and Brad Bapst of OSU South Centers' Small Business Development Center will discuss the business and financial planning components of owning and operating one's own business. The workshop will be held Jan. 15 from 6 p.m. until 8 p.m. at OSU South Centers at Piketon at 1864 Shyville Rd., Piketon, Ohio. Registration is $5 per person.
Welch and Bapst will cover several topics of business ownership including understanding your interests, skills and abilities; knowing the market, what you will sell, who will buy and at what price; and preparing financial projections to help you better understand your business cash flow.
"Business planning is not only important for a business start-up, but it is also important for existing business owners," said Welch. "It can help to examine their current operations to determine which areas are the most effective and can help to increase overall profitability."
The workshop is part of OSU South Center's Third Thursday Horticulture Business Training Series. For more information on the workshop, contact Julie Strawser at (740) 289-2071, ext. 223, or e-mail firstname.lastname@example.org.