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Year 1: 16 week Intensive (Weekly Meetings)
Phase 1: Introduction to OIH Program and Partners
Cultivating an entrepreneurial mindset, understanding the psychological transition from military to civilian business environments, basics of business structures, and introduction to financial literacy including understanding profit and loss statements, balance sheets, and cash flow statements.
Phase 2: The Business Model
Analysis and Analytics OIH Business Assessment: Owner’s analysis and analytics vs. independent analysis. Presentation of results and initial outline for transitioned business model.
Phase 3: Veteran Instruction on Business Analysis
Establishing efficient business operations, inventory management, overview and business accounting systems set-up, payroll management, taxation basics, financial planning for business growth.
Phase 4: Community and Customer Engagement Building
Sustaining customer and community relationships, creating and positioning a brand, brand identity, awareness strategies, digital promotion.
Phase 5: Business Plan Instruction and Development
Brand and marketing instruction, and development, exit strategy planning, finalize business plan.
Phase 6: Veteran and Business Owners Concept Review
Concept recap, Business plan presentation, wealth management review.
Week 17-52: Monthly Meetings: Transition of Ownership
Year 2: Year in Review: Wins and Losses Monthly Meetings: Milestone Review
Year 3: Year in Review: Wins and Losses Quarterly Meetings: Obstacles and Plans
Year 4: Year in Review: Wins and Losses Bi Annual Meetings: Obstacles and Plans Review Business Plan
Years 5-10: Year in Review: Wins and Losses
Bi Annual Meetings: Obstacles and Plan Veteran Acquires Majority Ownership Succeeding Business Owner Search