Try this Q & A before you start a businessQuestion:
I want to start a business but am not sure what evaluations I should go through before the actual start. Do you have any guidelines?
Most entrepreneurs are not adequately prepared to go into business. The have motivation, desire and talent, but many have not taken time to properly investigate and research the business they are interested in starting.
Much like chess, success in small business starts with decisive and correct opening moves. Initial mistakes are survivable, but it requires skill, discipline and hard work to regain the advantage.
I frequently get requests on how to go about starting a business, so here's a short list as a starter. Before starting a small business, list your reasons for wanting to go into business. Whatever they are, use a specific and systematic approach to build a plan from which your success can be evaluated.
Some common reasons for starting a business:
After you have done all of the above, call SCORE, 815-962-0122 [Rockford area], or the Small Business Development Center; 815-968-4087, for a free counseling session to review the merits of your plan, to locate any holes and suggest improvements.
Bill Bryan is a counselor with the Service Corps of Retired Executives. SCORE offers counseling, workshops and seminars on small business operations. You can reach Bryan through SCORE, 515 N Court St. 815-962-0122, for information and appointments.
SCORE is a registered trademark of the Service Corp of Retired Executives
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