Do you have a business idea, but not sure where to start?
You have an idea and a passion, but in order to get your idea off the ground there are essential steps you have to take to get there.
The EF team specializes in supporting businesses at the launch phase and beyond, but we know there are prospective entrepreneurs in our communities that need guidance on where to focus their time and energy as they ideate and plan their business venture. We make sure you have the tools and connections for success.
Once you tackle the steps below, connect with an EF Advisor for a free consultation. At this session, you’ll dig into your business plan, viability, and craft a roadmap for how you can move into the next phase.
Learn how a family passionate about local food security is planning an indoor aeroponic CSA farm.
There is a lot to think about when you are planning to start a business. As a partner for entrepreneurs, we've created an introductory roadmap for planning your new business. The essentials below are geared at getting you started fast and focused on the right elements at this stage of the game.
Do you have the right mindset, skills and life situation to support this venture? Starting a business requires an investment in time, energy, skills, and money. Be sure you are ready to make that investment.
Developing a full business plan can be a daunting task, especially at this phase. Focus on the essentials and develop a lean business plan. The lean business plan gets you started and can serve as an outline for a business plan in the future.
As you work through this, if you hit a roadblock or have questions, reach out to our team.
How do you validate your idea to determine whether it can be a success and position you to achieve your personal and professional goals as a small business owner?
Whether you are starting a professional service business, restaurant, or online store, taking the time to validate interest in your offerings is a vital step in being a good entrepreneur. Validation is the process of gathering evidence around your idea through research and experimentation to make informed decisions.
There are a number of great resources through our partner organizations to help you as you plan your business endeavor.
As a business owner, you will have financial obligations when it comes to your company. But your personal financial obligations matter too, and they need to be considered as you plan for how you will manage the money of your business.
Taking the leap to seek out sources of capital for your new business is exciting and overwhelming. There are key steps you can take to learn more about the types of capital you can use to start your business, how business lending works and where to get started.
▶
