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SBA blog
Get perspectives, news, and practical information for small businesses.
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Perspectives, news, and practical information for small businesses
Are you thinking about starting a business in 2019? This is a good time to go over the essentials of how to write, review, and manage your business plan.
If you are starting a small business, there is no shortage of advice on the steps you should take: registering your business name, getting a Tax ID, deciding on a business structure and applying for the needed permits and licenses.
At the SBA, we have the proven tools needed to help bridge the gap for young entrepreneurs, providing strong resources to help them grow their businesses, reach new markets and realize their full potential.
You have that business idea. You think it could really work and you think you want to try. So, what’s next? What are the first steps to take? Sure, the obvious is that you develop your business plan. But how does that really happen in practice?
Starting a business takes planning, making important financial decisions, and completing a series of legal activities. You will need to set goals, put plans into action, assess your progress, make necessary adjustments and grow your business.
When April Lukasik’s second child was born, she couldn’t find a childcare center that met her high standards. So she started her own – and a small business was born, too.
Whether it’s for a formal business plan, a lean business plan, or just optimizing management, if you create, manufacture, develop, or publish products of any kind, your business can benefit from product planning.