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Alabama SBDC GrowSmart™

SBDC-GROWSMART-ALABAMA2alabamapower

 

SBDC GrowSmart™ can align your vision for your business with the steps to get you there, whether you’ve been in business for twenty years or two years. Designed specifically for growing companies, SBDC GrowSmart gives you the tools and strategies to reach your goals.  Create a framework to improve the performance of your business and shape the success of your business for years to come.  Click here to submit your application for the Alabama SBDC GrowSmart™ program.

GrowSmart has a proven track record of success, with a curriculum that includes the latest ideas with timeless principles; GrowSmart will propel your business forward!

Work ON your business, not just IN your business!  Manage Better, Grow Faster.

  • A step-by-step evaluation of your business and markets.
  • A hands-on, interactive forum that promotes sharing of best practices.
  • Tools to build your business, both now and for the future.

SBDC GrowSmart™ graduates gain:

  • A strategic business plan with a long-term vision and strategies.
  • A mastery of key business concepts.
  • A network of entrepreneurial peers and professional resources.

Complete the GrowSmart Application Form today!

This program gets results! In full-day weekly sessions, learn to analyze and manage your business like a seasoned CEO*.
*A CEO that has had time to read the very best business books recommended by WSJ, Forbes, Fortune, Inc, and the New York Times.
GrowSmart delivers the most important concepts from these books, and includes real-world stories from a facilitator that has been helping businesses grow for the last 25 years.

  • 35 hours of class time covering all areas of business operation
  • Evaluate your business, competition, and target markets
  • Hands-on, interactive program promotes sharing of best practices
  • Expert speakers add insights to the topic of the day
  • Step-by-step development of your company’s strategies for growth

Do I Qualify?

Combined with long-term one-on-one consulting with SBDC professionals, learn to apply course principles and build a business for today’s challenging times. SBDC GrowSmart is a dynamic program for owners and senior managers of growing businesses. The program is designed for leaders of companies with:

  • At least two years of successful operation
  • Annual revenues of $300,000 or more, up to $15 million.
  • The opportunity and desire to grow

GrowSmart recognizes the need for flexibility and agility in today’s rapidly changing environment. Using a one-page strategy map designed specifically for this program, participants identify their company’s goals and the strategies to achieve them. GrowSmart was developed by experienced SBDC business advisors, and builds on our extensive experience with Alabama’s growing businesses!

Apply below.

10 Reasons you should attend GrowSmart™

This dynamic program gives small business owners the tools and strategies they need to grow their business.

  1. Learn how to protect your business from competition
  2. Develop strategies for profitable pricing
  3. Learn effective methods for strategic planning
  4. Connect with customers using the latest marketing and communication tools
  5. Explore proven methods for hiring, compensating, and motivating your team
  6. Develop growth tactics based on a thorough assessment of your company’s strengths, weaknesses, opportunities, and threats
  7. Learn to identify people resources and leadership strategies necessary to achieve your growth plan
  8. Learn how to analyze your company’s financial condition and develop strategies to improve profits and cash flow
  9. Assess your current operations and learn methods to document and streamline processes
  10. Create a financial plan that quantifies the results of your marketing and management strategies

PROGRAM OVERVIEW

MODULE 1: Planning for Growth

Making strategic decisions requires careful consideration of internal and external factors. You will examine your operating environment, document company vision and goals, and develop growth strategies based on a thorough assessment of your company’s strengths, weaknesses, opportunities, and threats.

MODULE 2: Marketing: Research, Planning and Implementation

Thoroughly analyze your core competencies and competitive advantages—matching them to needs in the marketplace. Learn to protect your business from competition and develop strategies for effective, profitable pricing. Connect with customers using the latest marketing and communication tools.

MODULE 3: Leadership & Management

Focus on your changing role as the leader of your company. Identify people resources and leadership strategies that will be necessary to achieve your growth plan. Explore proven methods for hiring, compensating, and motivating your team.

MODULE 4: Financial Analysis, Tools & Resources

Learn how to analyze your company’s financial condition and develop strategies to improve profits and cash flow. Create a financial plan that quantifies the results of your marketing and management strategies. Determine how much money it will take to grow the business as well as how to fund it.

MODULE 5: Operations & Implementing Your Plan

Documented, consistent processes are a key to building a scalable, well-managed company that has lasting, transferable value. Assess your current operations and learn methods to document and streamline processes. The program concludes with a short presentation of your one-page plan—and a challenge to put the program’s lessons to work in your business!

Cost / Dates / Times / Location

SBDC GrowSmart™, a premium training class, is available in Birmingham for $795 for the entire 5-module course.  Full and Partial scholarships may be available to some companies, and will be awarded at the discretion of Alabama Power’s Supplier Diversity team.  For more information, call Mike Brooks at 205-348-1582

SBDC GrowSmart™ classes will be held in Birmingham on consecutive Thursdays, starting on November 2, 2017.
Each class will begin promptly at 9am, and will conclude at 4pm.  Lunch will be provided.
Nov 2: Planning for Growth
Nov 9: Marketing
Nov 16: Leadership & Management
Nov 23: < Thanksgiving >
Nov 30: Financial Analysis
Dec 7: Operations & Implementation

All training will be held at the Greater Birmingham SBDC, located in the training room at the Innovation Depot, 1500 1st Ave North, Birmingham, AL
If the main lot is full, additional parking is available across the street at 1501 1st Ave North.

 

SBDC GrowSmart – Statewide Sponsor

The Southern Company has sponsored SBDC programs for growing businesses since 2002 in the southeastern United States. Through their support of SBDC GrowSmart™, over 1,700 small business leaders have acquired the tools to take their businesses to a higher level.  Alabama Power Company’s supplier diversity initiatives are designed to provide solid business opportunities for small and diverse businesses, including minority-owned, woman-owned, HUBZone, veteran-owned, and service disabled veteran-owned businesses.

Application Form*:

Your Name (required)

Your Email (required)

Phone (required)

Number of Employees

Years in Business

Annual Revenues

Description of Business (required)

How will GrowSmart improve your business? (required)

Registration Code (optional)

Applications cutoff date is October 19, 2017.
For more information about this class or upcoming classes, please call 877-825-7232.  One-on-one advising is available at no charge to small businesses.

*Application DOES NOT Guarantee Program Acceptance.

Note: A payment link will be sent to companies that have been accepted into the program in mid-October.  There is no need to pay during the application process.