Have A Food Business Idea But Don't Know Where To Start?
WHAT IS CO.STARTERS?
CO.STARTERS is a program designed to provide you with the insights, relationships, and tools needed to turn your idea into action and your passion into a sustainable and thriving business.
CO.STARTERS @ Flint Food Works
Who Should Apply? We are specifically looking for entrepreneurs that are interested in creating a food product. Priority will be given to businesses that are seeking to explore their business plan for devloping consumer packaged goods and value added food products here in our area.
Classes will be held from 5-7 pm at the Flint Farmers' Market on Wednesdays from October 26th through December 14th (7 sessions).
You must be able to commit to ALL of the sessions to qualify.
Cost is $200 per person/business. This pays for the CO.STARTERS binder and class materials.
Session By Session Details
Wednesday, 10/26- Session 1
Introduction, Assumptions, Working Styles, Team Building, Obstacles
Wednesday, 11/2- Session 2
Knowing Your Customer & Finding The Right Solution
Customer, Problem, Alternatives, Idea Testing + Solution, Benefit, Advantage, Starting Small, Brand Identity
Wednesday, 11/9- Session 3
Getting The Relationship Right
Marketing & Message, Getting - Keeping & Growing Customers
Wednesday, 11/16- Session 4
Building Blocks & Structures and Systems
Distribution, Revenue, Typical Offering, Price + Leagal & Accountiung Considerations
Wednesday, 11/23- Session 5
Discovering The Bottom Line
Startup & Ongoing Needs, Fixed & Variable Costs, Break-Even Point
Wednesday, 12/7- Session 6
Financial Modeling & Planning For Growth
Break-Even Point, Sales Projections, Cash Flow, Raising Capital + Growth Plans, Goal Setting, Celebration Prep
Wednesday, 12/14- Session 7
Deliver your pitch!
This program will focus on helping food business entrepreneurs start, shape and/or grow their food based businesses during our first CO.STARTERS @ Flint Food Works For FOOD.Starters
Participants will fine tune their businesses and business ideas in a hands-on, approachable way. Utilizing the business model canvas, participants will test their ideas, tweak next steps through real-time customer feedback, learn valuable management and marketing skills, and receive constructive feedback from advisers, peers and local business owners. This specialized curriculum will also address essential food-biz topics, including food branding, navigating local and state food regulations and financial planning.
See How CO.STARTERS Has Helped Other Entrepreneurs
Drawing from the experience of successful entrepreneurs and start-up veterans from around the globe, CO.STARTERS Core walks creative small-business owners through lean, effective business modeling methods in a simple and intuitive way, and with the help of a supportive community. Rather than treating a start-up like a large corporation and writing a detailed business plan, CO.STARTERS participants are encouraged to build and test small models first. In the process, participants receive real-time customer feedback, update their models to meet customer needs and avoid creating businesses based on incorrect assumptions.