Chicago Offers Seminars to Help Draft Biz Plans - NBC Chicago
Inc Well | Small Business Advice for Chicago Entrepreneurs
A how-to blog for Chicago business

Chicago Offers Seminars to Help Draft Biz Plans

    Winter Olympics PyeongChang 2018 Medal Count


    Chicago wants to help you with your business plan.

    The city treasurer’s office is offering a series of four free business plan seminars to help people draft a two-page blueprint for their business idea -- as well as a contest that offers $10,000 in cash prizes to the best three business plans.

    Entrepreneurs who attend one of the seminars get expert help drawing up a business template that includes a mission statement, current and projected growth and revenue vs. cost.

    "Banks say the number one reason they turn down entrepreneurs is lack of a good business plan,” says City Treasurer Stephanie Neely, “This program helps entrepreneurs build their own financial future."

    The contest is open to start-ups and existing businesses with less than $2 million annual revenues. 

    Past winners and finalists include: 
    • A purveyor of hand-crafted violins, cellos and basses that uses centuries-old techniques to create modern instruments.
    • A designer of solar-powered handbags and totes that harness the sun to charge cell phones, iPods and PDAs.
    • A child-care center that goes above-and-beyond the usual by featuring field trips, healthy meals and family events. 
    The first seminar will be held Wednesday, May 25, 6:30-8:30 pm at Harris Bank, 115 South LaSalle St., 3rd floor. 
    Business plan seminars are also scheduled Wed. June 1, June 8 and June 15. For more information, visit the website of the Office of the Treasurer.