Farm Business Planning
Lack of capital and mismanagement are the two main reasons a business fails. This can be avoided by having a proper business plan. This workshop covers the elements or outline of a business plan and the types and sources of information for each element. Attendees will gain a clear understanding of what their plan needs to communicate if they are trying to raise capital or grow their small business.
Mike Chung has been with the Florida SBDC Network at the University of North Florida (UNF) since 2006 where he is a CBA advising entrepreneurs on startup and existing business owners on how to grow their company. As Assistant Area Director for seven of the eighteen counties served by the UNF region, he’s responsible for the daily operations, expanding service delivery in the area, and raising capital.
He serves on the Chambers of Commerce in Ocala and Gainesville helping both organizations addresses the needs of their members so they can grow and contribute to the economic wellbeing of their communities.
Mike brings 13 years’ experience as an owner /operator of a packing and shipping franchise where he took it from startup to being in the top one-third. Prior to owning his own business, Mike was a USAF Officer serving as a project engineer and contract manger on multimillion dollar R&D contracts for solar cells and solar arrays with responsibility for achieving technical objectives while being on-schedule and within budget. He also managed Phase 1 and Phase II SBIR/STTR contracts and served on proposal review committees.