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Business Resource Center: Starting Up

Resources for business owners for starting, developing, and growing their businesses.

Welcome

                                                                                                                          


Welcome to the HPLD Business Resource Center  

This resource guide was designed specifically to help you answer some of the challenging questions that come with starting and running a business.  Whether you are budding entrepreneur or a seasoned professional, we hope you will find this guide to be an invaluable contribution to your management toolbox.

A Startup Checklist

                                                                             

  1. Identify what you want to do and come up with a name for your business. There is a lot in a name, so take your time and do your research. The SBA.gov has a page dedicated to making quality name choices.
  2. Write up your business plan. There are lots of templates online. Your local SBDC or SCORE can assist you in this process.
  3. Incorporate your business or form a proper LLC with the state. There are certain benefits to doing so, though it is not imperative. Obtain appropriate business licenses as needed.
  4. Obtain a Federal Tax Identification Number also referred to as an Employer’s Identification Number or EIN.
  5. Secure startup funds. This can be done via traditional business loan, microloan, venture capital, crowdfunding, grants and hubs.
  6. Open a company bank account and hire an accountant or bookkeeper if not keeping the books yourself. Whoever is keeping the books will need to know about Generally Accepted Accounting Principles (GAAP).
  7. Establish a line of credit for the business.
  8. Obtain proper business insurance. This is different than personal insurance and varies by business. There are specific kinds of insurance for specific kinds of businesses. A good broker can help you determine what you need to protect your business.
  9. Create business materials with a company logo them. All business cards, letterhead, etc. should have your logo on it. This can be done using any number of free services online or you can hire a graphic designer to do this for you.
  10. Develop a marketing plan. You can research regional markets at the library with the DemographicsNow and ReferenceUSA databases or hire a marketing firm to do this for you. A marketing plan may include social media, a website, printed materials as well as any mix of advertising.

 

Free Resources for New Entreprenuers

SBDC

The Northeast East Central Small Business Development Center provides customized free business consulting, assistance to secure financing, seminars, webinars, and one on one specialized training as well as strategic planning tools.  The SBDC mission is to help existing and new businesses grow and prosper.  Let the SBDC help you maximize your business potential!

 

SCORE

SCORE provides mentoring to small business and potential small business owners.  Their website has all the business templates a fledgling entreprenuer needs to get started and online workshops that will walk you through such processes as writing a business plan.  They helped get the following successful companies started:  Jelly Belly Candy, Vermont Teddy Bear and Vera Bradley Designs.  Even better: It's all FREE!  SCORE also has a site specifically for female business owners: http://www.score.org/women/site.html

 

 

Entrepreneur Magazine

If you are looking for creative ideas, latest trends and practices, Entrepreneur is a good place to check.  Their "Grow Your Biz" section has suggestions for strategic planning.  If you scroll down from anywhere on the site, you will find a section called "More Resources" where you will find calculators, video presentations, and stories like "Low-Cost Start up Ideas"

 

Entrepreneurship.gov:

This is the government's portal to free resources for entrepreneurs.  There are quite a few websites listed and nonprofit startup information can be found here as well.  Topic sections are: Finance & Accounting, People & HR, Sales & Marketing, Products & Services, Operations, The Entrepreneur.  Each section provides relevant links and

CATALOG SEARCH

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Start-up Seminars in Erie and Carbon Valley

2016 Start-Up Seminars with the East Colorado SBDC

All seminars start at 6:00 PM

 

January 12 - Carbon Valley

February 9 - Erie

March 8 - Carbon Valley

April 12 - Erie

May 10 - Carbon Valley

June 14 - Erie

July 12 - Carbon Valley

August 9 - Erie

September 13 - Carbon Valley

October 11- Erie

November 8 - Carbon Valley

December 13 - Erie

Choosing to Become a Business Owner

Running a small business can be extremely satisfying, however, the learning curve can be steep. These titles may help you decide if starting a business is right for you.