Business workshops offered in August
Friday, August 18
Developing a business plan
Building a successful business is hard work. That work is a little easier and better informed by a plan – a business plan. The business plan creates a blueprint for your business, helps measure your success and allows you to share your dream with others. Commercial lenders always require a formal business plan.
During this free workshop you will learn the basic components of a business plan and how to go about creating your own roadmap for success. At the end of the class, you will work in groups to develop a brief business plan.
Topics will include:
- Elements of a business plan
- Customer insights and knowledge
- Competition and pricing
- Finance and cash flow
Friday, August 25
Payroll taxes, filing requirements and tips for small business
When your business is ready to grow, are you going to hire employees or contractors? Do you know the difference between the two? Do you understand your reporting and filing requirements?
This workshop is intended for new businesses or small businesses that are ready to hire employees or contractors. It is also appropriate as an update on the reporting and filing requirements for small business.
Topics will include:
- keeping accurate wage records
- reporting new hires, resident aliens and nonresident aliens
- Social Security, Medicare and tax withholding
- federal and state unemployment taxes
- self-employment taxes
- differences between contractors and employees
- IRS Forms SS8, 1099, and 1096
Greater Aiken SCORE is a nonprofit association dedicated to educating entrepreneurs and helping small businesses start, grow and succeed in Aiken, Barnwell and Edgefield counties. SCORE is a partner with the Greater Aiken Chamber of Commerce and has provided no-cost mentoring to small-business owners in the area since 2004. Modest annual funding from the Small Business Administration is augmented by generous contributions from local SCORE business sponsors, including: Fifth Third Bank, Floyd & Green Fine Jewelers, Security Federal Bank, South State Bank and TD Bank.