if you are going to take a trip, you would use our gps
TRANSCRIPT
AHA CPR BUSINESS BOOTCAMPLa-Von McPhee-Lopez, MBA., BSN., RN., CCRN-CMC., CNRN., SCRN., PCCN., FCCS.
If you are going to take a trip, you would use our GPS right!
Consider this bootcamp business guide your GPS! Let’s ride!
La-Von McPhee-Lopez www.Matters2TheHeart.Com
CPR BUSINESS BOOTCAMP
Congratulations for taking the first step to be an entrepreneur. Having a CPR Training business is a great business to have. It has a low entry point, low start up cost, short time from certification to actually opening and having your first customer.
The purpose of this bootcamp is to give you the tools to start your business with as few speed bumps as possible. I’ve included all of the information that most find necessary to starting this journey of having a profitable, sustainable CPR Instruction business. I’ve done the work for you here and in the Facebook closed group we’ll do it together!
Faith without Works is Dead!
Let’s do the work! Good luck.
La-Von McPhee-Lopez www.Matters2TheHeart.Com
CPR BUSINESS BOOTCAMP
BEGIN TO TELL YOUR STORY AND BUILD INTEREST
BUSINESS STARTUPWhat is your why? What is the reason why you would like to specifically start a CPR business?
What is the main problem that you hope to solve for our clients?
Who are your typical clients? Who would benefit from the service you plan on offering?
La-Von McPhee-Lopez www.Matters2TheHeart.Com
CPR BUSINESS BOOTCAMP
What is the solution that you hope to offer to address their problems?
How much money do you estimate that you will need to fund your startup business?
How do you hope to raise this capital? Savings, loan, gift etc
How much do you expect to make in your business?
First month 3rd quarter
First quarter 5 year end
2nd quarter
How much time are you committed to working on starting and growing your business?
2-5 hours per week
6-10 hours per week
11 to 15 hours per week
6 to 20 hours per week
La-Von McPhee-Lopez www.Matters2TheHeart.Com
CPR BUSINESS BOOTCAMP
THE BUSINESSCaterpillar Phase
What is the problem that your business will solve?
What is the business structure that you have chosen for your business?
Sole Proprietor
Limited Liability Corporation LLC
Partnership
S Corporation
C Corporation
BUSINESS IDENTITY AND BRANDING
Do you have a business name?
Consider choosing a name that has the following words in it: CPR, FirstAid, AED, Safety, CPR Training etc. This way it tells someone looking at it what you do.
What is the name?
La-Von McPhee-Lopez www.Matters2TheHeart.Com
CPR BUSINESS BOOTCAMP
Did you do a search in the following areas to see if the name is not taken?
If business name is not taken, secure the name on the following accounts:
Godaddy
Website Domain
Pinterest/Snapchat optional
Email should be a business name suffix as follows:
GSuite
Do you have a brand identity? Have you chosen your colors or/and logo? If so, list below:
La-Von McPhee-Lopez www.Matters2TheHeart.Com
CPR BUSINESS BOOTCAMP
Business colors
If you have not secured a logo, you may choose your own graphic artist which may run from $75-150 or you may use FIVERR for $7 to $25. Generally choose 3 colors
ResourceWww.ColorPalette.NetWww.Canva.Com Choose the Works/Professional option
Business Template
Do you have at least 3 different templates that represent your business? Template should have: 1. Logo 2. website 3. colors
Completed:
Do you have an EIN #? If not got to www.irs.gov
https://www.irs.gov/businesses/small-businesses-self-employed/apply-for-an-employer-identification-number-ein-online
Employer Identification Number aka Federal Tax ID number
It’s a number assigned by the IRS used to identify our business identity. It’s free. Do not pay anyone to obtain it for you. Opt to have them mail you’re a print out of the number
La-Von McPhee-Lopez www.Matters2TheHeart.Com
CPR BUSINESS BOOTCAMP
Business Bank Account
Establish a business bank account. You will need most likely 2 pieces of identification along with your EIN #. To be uber ready, take the print out or mailed copy of EIN number as well as paperwork from your Secretary of State stating that you have registered a business entity. Most banks can look this up but save time.
• Checking
• Savings
• Website
Have you obtained a website and domain name? List below
Hosting sites • GoDaddy
• Wix
• WordPress
• Squarespace
Ensure that you have the following information/pages:
Home Page – About Us, should state what services you offer. AHA disclaimer
Services page or Classes – include description and prices
FAQs page include Refund policy
Privacy statement
Scheduling page – customer should be able to see when your classes are offered – time and dates
Review page
Contact Us
Email capture
La-Von McPhee-Lopez www.Matters2TheHeart.Com
CPR BUSINESS BOOTCAMP
Domain Name
Following are places where you an go to search for and purchase your domain name www.GoDaddy.Com
www.BlueHost.com
Schedule Tools
Following are business tools that allow you to pre schedule your content in advance so that you can free up time:
Planoly
Facebook (page/group scheduler)
Preview
PLANN
Payment Processor
Following are companies that can be used to accept payment for your product or services:
PayPal
Square
Stripe
SamCart
Shopify
WePay
Thrive
GumRoad
Easy Pay Direct
La-Von McPhee-Lopez www.Matters2TheHeart.Com
CPR BUSINESS BOOTCAMP
Accounting
Following are business tools that allow you to pre schedule your content in advance As an entrepreneur, it’s important that you keep your books in order. Not only do you need to know your expenses, income, profit but you also need to keep track for the IRS. Here is some bookkeeping software for you to consider:
QuickBooks
FreshBooks
Wave
Excel (If you have not purchased a professional software)
Does your website colors and feel match your other social media sites e.g. Instagram, Facebook, TwitterSame logo, colors, feel etc. Ask a friend to perform a site audit and give feedback
IF CONSUMERS DON’T KNOW WHO YOU ARE, WHAT YOU SELL, THEY WON’T BUY!
Social Media
• Ensure that all of your sites and websites are branded and cohesive and PUBLIC• Logo is the same across all sites• Include your bio on social media. It should clearly state what you do e.g. CPR
Instructor• If I could tell you one thing to help grow your following and build your tribe
It’s that you must be CONSISTENT in posting, have a strategy and a cohesive branding strategy.
La-Von McPhee-Lopez www.Matters2TheHeart.Com
CPR BUSINESS BOOTCAMP
It should clearly include the classes you teach: CPR, BLS. AED, First Aid etc. if you
also teach ACLS or PALS include as well. Write ‘Completed’ for each social media:
INSTAGRAMTemplates- Ensure that you have at least 3 different templates that showcase your brand
colors, logo and website address- utilize Fiverr or Upwork for a cheap option
BiographyThis is very important. Ensure:
• It should say who you are, what do you do and why should your people care
• Always include your website link with a call to action e.g., go to www.
CPRInstructor.Com to register for a CPR class
FACEBOOK• Include cover page, cover page should have a link or where to go eg, website
• Profile picture – is it aligned with your business image
• Facebook bio – personal page- ensure to have your business info. directly under
profile – does it say who you are and what you do?
• Facebook business page – About – write a small interesting blurb about yourself
and what service you offer and how it will address their pain point
TWITTERTwitter cover banner. Beware that twitter name is shorter than IG so you may have
to abbreviate your name.
SOCIAL MEDIA CALL TO ACTIONExample- Register at our website. www.cprinstructor.com etc
La-Von McPhee-Lopez www.Matters2TheHeart.Com
CPR BUSINESS BOOTCAMP
Mailing List
Ensure that you are always cultivating your mail list. We don’t own Instagram or Facebook and when they go down, who and how do you market your services or product to in the interim. Following are applications that allow you to program an Opt-In by using a lead magnet to capture emails and grow your mailing list:
• www.LeadPages.com
• www.ConvertKit.com
• www.MailChimp.Com
• www.ConstantContact.com
• www.Drip.com
• Mailer Lite (free landing page)
• Thrive (WordPress plugin)
Customer Avatar
It’s important to know who is your customer avatar. Who are you providing your services to, this is important to know as everything that you do will be to market to them specifically and to secure their business.
La-Von McPhee-Lopez www.Matters2TheHeart.Com
CPR BUSINESS BOOTCAMP
Business Plan
You did a part of this in your mini business plan packetList 10 people or sets of customers who can benefit from your services:
Who is your ideal customer? List all of the people/categories that would need your service.
Nurses Teachers
Physicians Lifeguards
CNAs/PCAs Sports Trainers/Coaches
Child Care Providers New Parents
Child Care teachers Foster Parents
CONSUMERS BUY FROM PEOPLE THAT THEY LIKE, KNOW AND TRUST!
La-Von McPhee-Lopez www.Matters2TheHeart.Com
CPR BUSINESS BOOTCAMP
MARKETINGThis is vital for your business to succeed. If no one knows who you are or what you do, you will be limited to the sales you make. Have you thought about what you need to do to build awareness about your service? What are you doing for potential clients to become familiar about your service so that they can consider purchasing and also becoming loyal customers? Ensure that you:
Have a Facebook business page
Post on business page and share to personal page
Share your story as you are starting your business or revamping your business
Post pictures from your classes
Post informational/educational posts
Go live with informational/education lives
Join groups where your tribe resides and be active
Encourage reviews, likes and ratings/recommendations
Utilize your mailing list to stay in contact with your tribe
Capture key demographic information from your clients and market to them throughout the year as well as send birthday cards
Utilize blog posts on your websites
Volunteer your time for community events
Distribute flyers and business cards (all branded with your logo)
Post your upcoming class on the AHA Connect Class
Join your local Chamber of Commerce
Create a Google My Business account
Register your business on Yelp.
La-Von McPhee-Lopez www.Matters2TheHeart.Com
CPR BUSINESS BOOTCAMP
Create a Thumbtack account (discounted)
Participate in Community events (bring your manikin, candy, flyers, enlist them in hands only cpr)
Consider wearing a branded uniform shirt with your logo and name ofyour business
Consider a loyalty program
Make classes fun and interactive
Ask for the referral
What services or products do you plan to offer? List classes
How many services/products do you need to sell to break even?
Does your business benefit from any distinct marketing advantages?
Do you offer anything that sets you apart from your competition?
La-Von McPhee-Lopez www.Matters2TheHeart.Com
CPR BUSINESS BOOTCAMP
What are some marketing challenges that you face?
How do you plan to overcome them?
What is your marketing message?
What will you use to market your service?
Do you have a tag line? What is it?
La-Von McPhee-Lopez www.Matters2TheHeart.Com
CPR BUSINESS BOOTCAMP
Write here your call to action and always use it in your posts and marketing material!
What is your marketing budget?
MARKETING INITIAL BUDGET
• LOGO $$75 to $150
• Business cards $40 (250 to 400)
• Flyers $14 to $100 ( 2 flyers – Fiverr or professional)
• Website Wix $300 WordPress $500 to $750
• Social Media Cover pages $25 to $75 3 covers
• T Shirts $50 (2)
• Facebook/Instagram ad budget for first 2 months $150
TOTAL START UP MARKETING BUDGET $580 TO $900
La-Von McPhee-Lopez www.Matters2TheHeart.Com
CPR BUSINESS BOOTCAMP
DEADLINES AND TO DO FOR BUSINESS ROLLOUT
Planning process – getting your Instructor Card and business planning 6 to 12 weeks
Begin to tell your story! Post on your personal page. Post on your business social media accounts. Build a website and state, coming soon!
Create a daily and weekly to do list and work it daily!
Printed MaterialUtilize companies such as:
www.VistaPrint.Com take advantage of their frequent discounts
Www.GotPrint.Com
Local UPS
ORGANIZATIONS/COMPANIES THATMAY NEED YOUR SERVICE.
• Hospitals – this may be hard to break into as most hospitals may have a contract with another training center or may have started to use RQI
• Sports/Exercise clubs
• Child care centers
• YMCAs
• Schools
• Dental Offices
• Nursing homes
• Hospices
• Staffing agencies
• Companies with a staff >8
• Churches
• Restaurants
• Any company with more than 10 employees
• Restaurants
La-Von McPhee-Lopez www.Matters2TheHeart.Com
CPR BUSINESS BOOTCAMP
For your top 5 customer categories, list 5 reasons why they need to take your class.
CATEGORY 1
CATEGORY 2
La-Von McPhee-Lopez www.Matters2TheHeart.Com
CPR BUSINESS BOOTCAMP
CUSTOMER PAIN POINT
From the customer’s perspective, list 5 of their pain points:
List 3 things that worry your ideal client as it relates to your service:
COMPETITOR ANALYSIS
List your competitors?
La-Von McPhee-Lopez www.Matters2TheHeart.Com
CPR BUSINESS BOOTCAMP
What are their strengths?
What are some of their weaknesses?
What differentiates your business from your competitors?
What are their price points for:
BLS
Heartsaver
Friends and Family
ACLS
PALS
La-Von McPhee-Lopez www.Matters2TheHeart.Com
CPR BUSINESS BOOTCAMP
List 5 reasons why they need to take your class.
What is their internet social media footprint like as it regards to Twitter, Instagram, Facebook, Website:
COMPETITOR 1
COMPETITOR 2
COMPETITOR 3
COMPETITOR 4
La-Von McPhee-Lopez www.Matters2TheHeart.Com
CPR BUSINESS BOOTCAMP
‘ELEVATOR PITCH!An elevator pitch is essential for every business person to have. It is a short description of your product, service or idea that explains what you do or the concept of what you do in such a way that your audience can understand it.
It should be short, ideally no more than 60 seconds, succinct and targeted. It should explain who you are, what you do, what is your product/service, who is it for, why it is needed, how you will get it done and results.
In a nutshell, it is a persuasive speech that you use to introduce yourself, your company and product/service. The idea is to explain your business quickly and to spark interest in who you are and what you do.
State your name and what your position is in the company.
La-Von McPhee-Lopez www.Matters2TheHeart.Com
CPR BUSINESS BOOTCAMP
What does your company offer or do?
Why is this service needed?
Who needs it or who are the potential customers.
How will you get the job done ir deliver the service/product
List success story or results
La-Von McPhee-Lopez www.Matters2TheHeart.Com
CPR BUSINESS BOOTCAMP
PRICING STRATEGYPricing is one of the best ways that you have to improve and affect profitability. With strategic pricing, your profits can increase.. Strategic pricing sets a product’s price based on the product’s value to the customer, or on competitive strategy, rather than on the cost of production.
The following are considered pricing strategies:
1. Premium pricing
2. Economy - Aldi
3. Freemium - Candy Crush Saga
4. Predatory
5. Penetration
6. Price skimming - iPhones/Android
7. Dynamic
8. Bundle Pricing
9. Psychological pricing -Charm pricing , Prestige, BOGOF, Price Anchoring,
Have you considered how you will come up with your prices?
La-Von McPhee-Lopez www.Matters2TheHeart.Com
CPR BUSINESS BOOTCAMP
Did you survey the prices offered by your competitors?
Are you offering anything different of value?
Do you have any expertise in the area that adds value?
La-Von McPhee-Lopez www.Matters2TheHeart.Com
CPR BUSINESS BOOTCAMP
AM I READY TO LAUNCH?
Business Plan completed
AHA CPR instructor card completed
Business name search completed
Business name registered
Business structure chosen
Business social media accounts formed
Business website domain purchased
Business bank account opened
Business logo designed
Business flyers designed
Business t-shirt designed and purchased
Started to share your story on social media
AV equipment purchased, dvd, tv
Written prospecting letter
Completed business pitch
Tried out pitch with 3 friends
Establish marketing budget of at least $200
Researched places to have classes
Have 3 business templates designed
Once you have checked off all of the boxes, congratulations, you are ready to open for business!
If you find that you need help with clarifications or coaching, as part of this program,you can book me for 1 hour at a discounted rate of $60 for 40 minutes or $99 for 1 hour and 15mins.
Best of luck!
La-Von McPhee-Lopez www.Matters2TheHeart.Com
CPR BUSINESS BOOTCAMP
COMPETITORS NOTES
La-Von McPhee-Lopez www.Matters2TheHeart.Com
CPR BUSINESS BOOTCAMP
NOTES
La-Von McPhee-Lopez www.Matters2TheHeart.Com
CPR BUSINESS BOOTCAMP
NOTES
La-Von McPhee-Lopez www.Matters2TheHeart.Com
CPR BUSINESS BOOTCAMP
NOTES