Business Basics for Innovators (BBFI)
Business Basics for Innovators (BBFI) is a five-part series of hands-on sessions modeled after The Growth Wheel.™ BBFI assists innovative entrepreneurs like you grow your business.
The unique design of Business Basics for Innovators BUILDS on the inventory of resources, experience and expertise you bring to the table – emphasizing your strengths.
BBFI then helps entrepreneurs FOCUS on the critical aspects of his/her business, finding just-in-time solutions to issues you are facing at the moment. On a daily basis, business owners face a multitude of opportunities and distractions. After going through BBFI founders are able to identify and capitalize on true opportunities and discard
distractions, making sure you address what’s important.
Finally, BBFI is an opportunity for founders to VALIDATE their decisions with mentors and other advisors from the participants’ own personal & professional network.
BBFI plays an integral role in an entrepreneur’s ability to ACCELERATE a company’s progress, improving the chances for success by helping entrepreneurs improve their performance as business owners.
"Business Basics for Innovators (BBFI) was certainly a lot more than what I was expecting or had even considered. My partner had never experienced the need/benefits of a business plan and the BBFI condensed session sparked a lot of thought. I had written business plans before but BBFI has enabled me to better define and express what we are about. Absolutely Most Valuable! Thank you to TEC Edmonton. I am glad to have found your organization!”
~Leslie Boyer
Founder + Business Development
The topics and descriptions for the Business Basics for Innovators Series are as follows:
2013 BBFI Seminar Series Topics include:
Module 1: Business Concept, Customers & Marketing (I) and People and Leadership
Participants learn to articulate the value their companies offer in terms of benefits, rather than just describing the features of their products or services.
Defining what your company delivers relative to competitors is important to stand out and attract the right customers, as is having the right team assembled. Participants explore ideas for finding and leveraging talent via advisors, founding team members and employees.
Module 2: Customers & Marketing (II), The Startup Organization & Money & Milestones
What information is critical to crafting and executing a successful sales plan? Participants find their own answers to this question during Module 2. Also covered: Participants identify and navigate other issues related to their teams’ roles and responsibilities and their ability to execute.
How do you measure how well founders are managing their companies? Methods of tracking a company’s progress are explored, covering the following: Milestones, key performance indicators and cash flow. In addition, participants are introduced to business valuation methods and sources for financing.
We are offering two options of delivery:
1) We have a weekend delivery that covers the entire series, schedule listed below;
or
2) Module 1 on a full day then Module 2 running the next week (normally on the second and third Tuesday of the month), fee is $250 for the day.
BBFI Weekends (fee is $500 for the weekend)
August 10 & 11
August 17 & 18
September 7 & 8
October 5 & 6
October 19 & 20
November 2 & 3
November 23 & 24
January 11 & 12, 2014
January 25 & 26
February 8 & 9
March 8 & 9
March 22 & 23
We will add sessions during the week if necessary in response to demand.
For more information and to register, email esd@tecedmonton.com.