A solid, formal business plan. A business plan helps you and your stakeholders
A complete business plan should include the following:
To start a business requires not only a business plan, you also need to consider:
There are a variety of excellent resources available to assist you in the business planning process. Contact us to know more.
The legal form you choose for operating your business should be based upon each of the following factors:
There are a variety of excellent resources available to assist you in choosing a legal form of doing business. Contact us to know more.
Once you have determined why cash will be needed, how much of it will be needed and when it will be needed (this is done in your business plan), you need to then evaluate and pursue the sources of capital best suited to you and your business. Raising needed capital is a different issue for each business. Common sources of cash for your business include:
We can help you select a funding strategy that is best for you, as well as help position you to put your best foot forward with various funding sources. Contact us to know more.
Urban legend would have you believe that there are all kinds of programs that provide grants (i.e. “free money”) for business needs. Such is not the case. Be cautious of programs offering to find you grant money for your business. They will take your money and not do anything for you in return. Unless your business happens to be serving a recognized community need (e.g. promoting the arts, serving a disadvantaged group, preserving nature, historical sites, etc.), it is unlikely that grant money is available to serve your business purposes.
Marketing is a very broad and complex area of business. It is also critical to your company’s success. It needs to be tailored to your specific industry, competitive environment and product/service. Among the strategies you should consider are:
We can help you select a marketing strategy that is best for you, and help you consider all of the marketing issues your company faces. Contact us to know more.
Yes. Our services are underwritten by the SBA, the Governor’s Office of Economic Development, and Southern Utah University (School of Business and Regional Services). Because of that, we can offer our services and advice at no cost to you. Some of our training and specialty products are provided with a fee, but these will be clearly explained to you and understood before you participate in them.
Yes. We are here to help any business “grow and go.” If yours is a more mature business, we are here to help you do a full business assessment, and provide direction and assistance in whatever aspect of your business needs the attention. These services are free of charge.