What if you could predict the profitability of a business decision before investing time and money?
Now you can.
Investment firms and banks thoroughly vet a business plan to increase their odds of making a good return on their investment. Since you're the one who is going to invest so much of your time and money into a business idea, don't you want to know the odds of a healthy ROI? Don't you want to protect your nest egg?
The Profitable Idea™ workshop helps answer the following startup questions and more:
Is my business feasible?
How much time and money will I need to invest?
When will I break even?
When will I be able to pay myself and how much will I earn?
What will it take to grow my business profitably?
How will my idea be profitable in the long run?
During The Profitable Idea™ workshop, we evaluate key aspects of your business, such as sales, revenue and budget. We combine these forecasts into a long-term projection model that will predict the overall profitability of your business. This downloadable profitability model is yours to keep. Use it any time to create realistic forecasts, make go/no-go decisions on your own and evaluate the profitability of any future business decisions. You’ll complete this workshop with an actionable plan for moving - or not moving – forward.
Set goals for long-term profitability
Establish personal income goals
Identify how many prospects you will need.
Forecast sales per month, per year.
Set profitable pricing.
Establish a realistic budget.
Forecast and evaluate overall profitability.
Workshops have been held at organizations' locations, for example, at Dog Tag Bakery and Wounded Warrior Project, at local public venues, and off site.
More than 90% of our participants learn that their ideas can be profitable and how to forecast their businesses to reach their goals. A small percentage realize they cannot achieve their financial goals and, before investing time and money, move on to other ventures. Find out more! Find out when we're hiding the next workshop! Contact Us!
Entrepreneurs' Thoughts on The Profitable Idea Workshop
The Profitable Idea Workshop is provided at Dog Tag Bakery's program associated with Georgetown University
Debbie Brodsky "Amanda and her team really know their stuff. To walk away with a plan and projection of numbers I need to follow to reach my goals - by the numbers - is invaluable. I highly recommend them!" Owner, DMB Pictures
Jermaine White "Before this presentation I couldn’t even begin to explain where my company was financially. Now with the tools and fantastic training not only am I more organized about financial planning, I have a greater clarity & understanding of financial models. Thank you so much for the stellar presentation. I think you just helped save my business." Owner- Intigra IT Solutions Consulting Group, LLC
John R. "The Mindful Profits workshop was a wonderful combination of breath and depth. The presenters showed a remarkable talent of quickly adapting their presentations and discussion to the variety of new business ideas presented by the attendees. Yes, “business is business,” but their discussion focused very well. The depth of information provided to each attendee was also significant. The details of setting up an enterprise, generating a business plan, and making key financial decisions early were just what I was looking for. Many thanks to Mindful Profits for providing this educational and enjoyable workshop." PhD
Heather Cox "Well-paced and amazing model to forecast and track both sales/revenue and expenses. For once I think I will actually work in Excel without being terrified! This was a great investment that will serve me for many years." Owner, Mighty Little Webshop
Bonnie Tavolazzi "Amanda, Cindy & Stefan are the dream team when it comes to small business planning! In a matter of a few hours, they managed to change the way that I felt about my business, and helped me to find the focus that I needed to reduce my stress and move forward." Independent Personal Stylist- J. Hiburn Company
P.M. "Mindful Profits was an amazing workshop that offered a depth of business and financial knowledge. The class was well paced, allowing me to fill in gaps of my business idea. Many thanks to Amanda, Cindy, and Stefan!" Fellow- Dog Tag Bakery
Jason Smith The most comprehensive business coaching I have ever had! Absolutely recommend them and their product. Fellow, Dig Tag Bakery
Patrick Mendez “Wow!! This workshop was eye opening. I have tried to complete financials for a start-up idea on my own, but didn’t know where to start. Mindful Profits made everything clear and laid out steps to know how to financially plan my venture. Thank you, thank you, thank you!!” CEO, Mendez Business Solutions G.B, “The session today provided me with insight that I have never heard before. I appreciate all the help, kindness, and willingness to guide me through the realistic view of my firm’s financial outlook. I will use the provided tools over and over.” Owner, G.Q Bell Solutions
Deborah Elliott, “I really enjoyed this workshop. It helped me to see my business in a real life way. Seeing the numbers and how everything works together brought my idea closer to home, brought it more to life. Very valuable workshop! Please continue to present for the Dog Tag cohorts in the future.” Fellow, Dog Tag, Inc.
Rebecca McCullers “Amanda, Cindy and Chris volunteered their expertise coaching Dog Tag, Inc. fellows on budgets for our small businesses. Thank you for your selfless service to our veteran community. You are very much appreciated.” Fellow, Dog Tag, Inc.
Stephen King “The Mindful Profits team has so much valuable knowledge and experience about operating a business. I am beyond thankful to have exchanged contact info w/them. I will take their valuable advice and apply to my business A.S.A.P.” Owner, Cayam Solutions LLC
MH “This was an amazing learning lab.” Veteran
JD “This workshop was extremely helpful in providing a very realistic projection of costs and what it would take to sustain your business. It helped me to better grasp all the costs of running a business.” Veteran
DV “ Great information for fledgling entrepreneurs! I think it was very thought provoking as well, and I fully intend to play with the various forms as I develop my ideas.” Veteran
Mitzyn D. “You all opened our eyes to what is truly means to run a business. We thought we were at a good start but had to pull it back to re-group. Setting a budget & path forward has been helpful. Overall, everyone was extremely knowledgeable in all aspects of starting and maintaining a business.” Veteran
Luis Morales, “ Class was helpful in building a presentation that could be briefed to potential investors. Allowed me to think of various costs and future expenses that I can calculate in order to see if it’s possible. After the class, I felt more confident in my business plan and feel that it will actually work. The research done for me was invaluable and allowed me to help understand where my center can be built and utilized at optimal efficiency.” Veteran
Fallon Mitchell “Amanda has been amazing from the beginning serving as an experienced advisor. At first I was wondering where to go and the next steps of moving ahead in my own business. I have an excel model that will continually insure profitability. I liked how it related to me at the beginning and also while forecasting future business goals. Thank you for all the resources and information that was step by step. It was very thorough, especially with determining prospects and products. Thank you again so much for this service. Veteran
- Sasha T. “I entered the seminar knowing very little about strategy, financial necessities, expenses and how to determine a positive outcome for my business venture. As a mom of a toddler and caregiver for my husband, I have little time to spare and feel so fortunate I could participate today. I feel I was given helpful tools, guidance and structure to bring life to my ideas and how have a platform to move forward. I appreciate this very special opportunity and hope we can connect again. Thanks!!” Super mom & caregiver
Gilmour Oscar “Very informative workshop that provided useful business information. I particularly liked the way the facilitators integrated with us on a one-on-one basis. They provided individual recommendations since we all had different business models. I say thank you to the well-organized facilitators.” Veteran -
Heather G. “Enjoyed this workshop and will use the information learned in the planning process for my business. It gave me a lot of knowledge on things that I had no clue about. Would recommend this workshop to others, and would attend again once I’m further along in the process.” Events & Decor