Not having a thorough and solid business plan has long been known as a well-worn path to failure.
So how would you like to learn how to come up with a comprehensive plan and possibly pick up an extra $5,000 in the process?
Columbus State University’s Turner College of Business is holding its fourth annual “Business Plan Competition,” with a Nov. 21 workshop aimed at helping teams succeed at writing such a business road map. It takes place 12:30 p.m. that day in room 306 of CSU’s Center for Commerce and Technology.
The competition itself is open to CSU students, with business plans due March 25 and finalists being unveiled by April 4. That’s followed by an April 8 presentation of the plans, with winners chosen by April 15 and an April 17 luncheon.
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While the grand prize is $5,000, there’s no shame in finishing second, which comes with a $1,000 payout. The third-place team takes home $500.
Organizer of the event is Kirk Heriot, the Ray and Evelyn Crowley Distinguished Chair of Entrepreneurship at CSU. He will accept completed business plans at firstname.lastname@example.org.