Planning Your Business
Planning is critical to starting and building a business. We've provided a link to an assessment, and information on the local organizations that can help you get ready—from developing a business plan to developing a business network.
SCORE
Aspiring entrepreneurs wonder how long it takes to get a small business started. Some enterprises can be up and running in weeks; others may require several months of diligent preparation.
Allow six months to make the transition from employee to entrepreneur. Invest this time in building a sound foundation for your new business, and your future.
Determine if you have experience in the business you are planning to start. If you don't, decide how you can get it. A thorough review of your experience and education should help you know if the venture is right for you. Consider the most common reason why a small business does not succeed is lack of management skills: record keeping, personnel management, market analysis, communication and taxes.
Ask other small business owners how they got started, mistakes they made and what they'd do differently. Research your market and determine whether there's enough demand to sustain your business. Examine your idea from the customer's view. What will you offer to attract them, especially when competing with existing businesses?
SCORE Workshop
Attend a SCORE workshop on starting a business to learn the nuts and bolts of launching a business. It covers the process of building a sound business plan with tips on information resources, legal considerations, working with lending institutions and other important topics.
Customer Rating
We want to provide the most satisfying user experience for those visiting our website. Please help us by leaving a comment below. Thank you.
