Sharpen The Axe Application

APPLICATIONS FOR COHORT 4 ARE NOW OPEN AND CLOSE ON 29 NOV

THE NEXT COHORT WILL BEGIN ON 5 DECEMBER 2023

​

THIS COHORT WILL BE A HYBRID OF DIGITAL CLASSES AND IN-PERSON

​

​

Week 0: Personal Finances for Food Business Owners 

Date: December 5, 2023, 6-7PM ET

Course Welcome: Introduction to the program (Zoom) 

Date: December 7, 2023, 830AM - 1PM (Lunch Provided)

Ohio Entrepreneurs will meet at the Arcade /Zoom Link for Out of State)

Half-Day Seminar hosted by WPCU: Personal financial planning, budgeting, and saving strategies for entrepreneurs 

Week 1: Introduction to Financial Literacy for Food Business Owners

Date: December 12, 2023 

Understanding financial statements and accounting principles for food businesses 

Identifying key financial metrics and KPIs 

Establishing financial goals and objectives for your food business 

Week 2: Cash Flow Management and Budgeting 

Date: December 19, 2023, 6-7PM ET

Ohio Entrepreneurs will meet at the Arcade/Zoom Link Out of State

Understanding the importance of cash flow for your food business

Creating a cash flow forecast and budget for your food business

Tips for managing cash flow and optimizing your food business finances 

Week 3: Tax Planning for Food Businesses 

Date: December 26, 2023 (adjusted for the holiday season) 

Understanding tax regulations and obligations for food businesses

Strategies for minimizing tax liability and maximizing deductions

Record-keeping and bookkeeping tips for tax purposes 

Week 4: Creating a Business Plan for Your Food Business

Date: January 2, 2024 (adjusted for the New Year) 

The importance of a business plan for your food business 

Developing a strong business plan that aligns with your financial goals

Tips for presenting your business plan to potential investors or lenders

Week 5: Funding and Investment for Food Businesses 

Date: January 9, 2024, 6-7PM ET

Ohio Entrepreneurs will meet at the Arcade/ Zoom Link Out of State

Understanding funding options available for food businesses

Identifying potential investors or lenders for your food business

Pitching and securing funding or investment for your food business 

Week 6: Inventory Management and Cost Control 

Date: January 16, 2024 

Strategies for managing inventory and controlling food costs

Analyzing and improving profitability of menu items 

Tips for optimizing inventory management for your food business 

Week 7: Marketing and Sales for Food Businesses 

Date: January 23, 2024, 6-7PM ET

Ohio Entrepreneurs will meet at the Dayton Arcade/Zoom Link Out of State

Developing a marketing and sales plan for your food business Identifying your target market and crafting a compelling value proposition Tips for increasing sales and revenue for your food business 

Week 8: Growth and Scaling Strategies for Food Businesses

Date: January 30, 2024 

Identifying growth opportunities for your food business 

Developing a growth strategy that aligns with your financial goals

Tips for scaling your food business while maintaining financial stability 

​

​

​