FastTrac - First Step FastTrac

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FastTrac^® Programs:

FastTrac^® NewVenture^TM

FastTrac^® GrowthVenture^TM

FastTrac^® TechVenture^TM

FastTrac^® Manufacturing^TM

First Step FastTrac^®

Family Child-Care Business^TM

Listening to Your Business^TM

The Business Mentor™

CD-ROM

Planning/Growing

Business Venture™

Planning the Entrepreneurial

Venture

First Step FastTrac^TM

What is First Step FastTrac?

irst Step FastTrac is an education program created by entrepreneurs for entrepreneurs. Taught by seasoned entrepreneurs in your community, FastTrac's hands-on program uses your business concept as a case study - giving you an opportunity to evaluate and perfect your idea in a safe and supportive environment.

In class and in coaching sessions, you'll explore issues such as: What additional opportunities exist for entrepreneurs? How can I market my new business? How do I price my products and services? How do I begin developing a budget?

By the time you finish the program, you'll know whether your idea has "legs" and if starting a business is the right decision for you.

In First Step FastTrac, you will:

Explore strengths and opportunities for personal and professional development.
Develop a feasibility plan so you can evaluate your business concept. This plan will include:
- An Executive Summary;
- Product and Services;
- Market Analysis;
- Price and Profitability Analysis;
- Plan for Further Action.

Before you quit your job or invest your life savings, wouldn't it be nice to know whether your business idea has merit? In First Step FastTrac, you'll write a feasibility plan that examines your business idea from every angle. This plan helps you decide if your business is a "go" or a "no go" before you spend too much time or money.

Designed for entrepreneurs with low- to moderate-incomes who are starting or expanding a small business, First Step FastTrac incorporates materials from the award-winning FastTrac program. You'll work closely with other entrepreneurs, sharing ideas and experiences, and laying the foundation for future business relationships. Through the program, you'll discover whether the life of an entrepreneur is right for you.

First Step FastTrac: The program outline

Introduction to First Step FastTrac
Model Business Reality Check
Communicating the Business Concept
Gathering Information for Feasibility
The Man and the Dream (An Entrepreneurial Fable)
Feasibility Plan Checklist and Sample
Products and Services
Market Analysis: Industry and Competition
Market Analysis: Market Segments and Strategies
Price and Profitability: Pricing and Product/Service Costs
Price and Profitability: Profits
Price and Profitability: Cash Flow
Plan for Further Action: Resources for Success
Plan for Further Action: Next Steps
Feasibility Plan

For more information, click here.

FastTrac Alumni Profile

Chris Muller
Muller Media Conversions Inc.

More than a decade ago, Muller Media Conversions Inc. developed a preservation system for the National Archives and Records Administration (NARA) — software that transfers the thousands of government magnetic tapes NARA receives each year from disparate storage formats to a standardized one....more

FastTrac National Headquarters

4747 Troost, Kansas City, MO 64110
Phone: 1-800-689-1740, Fax: 1-816-235-6216
For orders/customer service: 1-877-450-9800
Email: info@fasttrac.org