23 6:00PM-9:00PM
Where Else Should I Be Looking?

No matter how perfect your business model may seem, there can be factors in the environment external to your Business Model Canvas that may also affect things. Environmental scans are important to expose the things that you cannot control such as the economy, your competitors and the financial market. Analyzing these areas can contribute to the overall success of your business and should not be overlooked. In this session we will teach you about important indicators in the external environment while also taking a closer look at important financial elements like how to conduct a breakeven analysis, run sales scenarios and projections, review capital spending and operating costs and identify funding requirements. After this lesson, you will have completed and considered all the necessary components to have a thorough and purposeful Business Model Canvas that is complete and positioned to support you on your way forward!

Session activities and materials:

• Learn About Factors in the External Environment:
o Competition
o Economy
o Financial Market
• Assess Financial Components like Revenue Streams (incl. breakeven analysis) and Cost structure
• Discuss Sales Scenarios and Projections
• Review Capital Spending, Operating Costs and Funding Requirements

“So it is said that if you know others and know yourself, you will not be imperiled in a hundred battles;
If you do not know others but do know yourself, you win one and lose one;
If you do not know others and do not know yourself, you will be imperiled in every single battle.” --- Sun Tzu, Art of War

Date: October 23, 2019
Session Time: Wednesday Evening, 6:00 pm – 9:00 pm (dinner included)
Session Cost: $30

*Dinners will include vegetarian options and you will be asked to indicate this on registration. If you require specific preparation/ingredient exclusions, we encourage you to bring your own dinner.

If experiencing financial hardships, contact Eyren Uggenti at for subsidy information.

Buy tickets to Entrepreneurship 101 - Session 6: Considering the External Environment

E101 - Session 6: Considering the External Environment - Registration $30.00