Steps for Successful Startups

Step 1:  Evaluate Your Business Idea

Take the time to find out if your idea is viable. Who will buy your product or service? What’s happening in your industry?

New Business Entrepreneur

Step 2:  Plan Your Business

Good business planning keeps you focused, and can be the difference between failure and success.

Step 3:  Register and License Your Business

You’ll need to go through several steps to make sure your business can operate legally.

Step 4: Fund Your Business

Now that you’ve completed your business plan and have a good sense of what your new venture will cost, you’ll want to do your research and consider carefully how you finance your project.

Step 5: Locate Your Business

Is working out of your home or garage the legal and right thing for you? Is a co-working space a viable option? Do I need a brick and mortar facility? Visit the Resource Navigator for resource partners who can help you decide.