So you want to start a business?
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Transcript of So you want to start a business?
So you want to start a business?
(Or you’re just trying to pass BUS 380)
Where do I start?
There is help out there!
?!
KutztownSBDC.org
Office in Harrisburg
Services are free
Personal consulting:• Evaluating or refining your business plan• Incorporating new technology• Conducting market research• Identifying funding sources• Understanding regulatory requirements• Weighing sales opportunities or franchise options
KutztownSBDC.org
Exceptional online training webinars, workshops, and calls:
• The First Step: How To Start And Operate a Small Business • The First Step Conference Call • Business Planning Part I - Business Plan for Success• Certification Made Simple • Business Plan Now Part I: The Pitch • Business Plan Now Part II: The Plan • Business Plan Now Part III: The Numbers • Business Planning Part IV - Financing the Business and
Feasibility Decision
PAnetwork.com/score
Business Information Center in Harrisburg • Extensive small business text library, videotape library and
reading room for client research
Counseling • Personal one-on-one counseling and email counseling are
available to SCORE clients.
Mentoring Programs
Workshops • Business Startup (pre-business planning) Creating a
Business Plan, Management Accounting, Financing, Marketing and Sales Strategies
PennTAP.psu.edu
Limited amount of free technology assistance and information to help resolve specific technical questions or needs:
• Environmental Assistance • Food Industry Assistance • Information Technology/e-Business Assistance • NASA Technology Transfer Assistance • Occupational Safety and Health Assistance • Product Development Assistance • Statistical Data and Analyses
CommFirstFund.org
Community First Fund provides loans, business training, and one-on-one counseling to entrepreneurs of all sizes
The Women’s Business Center • Provides training, customized business counseling, loan
capital, and advocacy support to small business enterprises
• Workshops on Computer Usage, State and Federal Procurement, Business 101, Technology Basics, Marketing and Networking
CommFirstFund.org
Provide a variety of loans to individuals committed to starting or expanding small or mid-sized businesses
Small Business Loans• Up to $35,000 for the starting of new businesses or expansion of
existing businesses. Uses may include machinery and equipment purchases, site improvements, working capital, inventory, materials and supplies, and expansion.
Mid-sized Business Loans• From $35,000 to $500,000+ for businesses that have typically
been in business for two years or more. Loans are used to support the increased capital needs of maturing businesses and may be used for such things as expanding or improving the business site and services provided, increasing supplies, materials and/or staff.
PAOpenForBusiness.com
“One stop" access to business information:
• Financial incentives• Important forms necessary to start and expand a
business • Electronically register a business• Business structure• Entrepreneur Guide
Entrepreneur's Guide: Starting and Growing a Business in Pennsylvania
Write a business plan that includes your management, marketing, production and financial strategies
Identify an attorney, accountant and insurance professional whose skills will complement your needs
Secure financing if needed
Determine the best type of business structure for your venture: sole proprietorship, partnership, or corporation. For registration help, call the Pennsylvania Department of State, Corporation Bureau, 717-787-1057
Starting and Growing a Business in Pennsylvania (CONTINUED)
If you will employ one or more people, obtain federal, state and local forms
Obtain a Federal Employer Identification Number (EIN) from the Internal Revenue Service:1-800-TAX-1040 or visit www.irs.gov
Lots more helpful information at www.State.PA.us
So now that you have a formidable business plan . . .
(and you’re done with BUS 380)
Win some cash!
College Venture Challenge 2008-2009
Graduate Winner - $5,000
Undergraduate First Place - $2,000
Undergraduate Second Place - $1,000
*plus an advisory panel of area business leaders will assist with further development of your business venture
College Venture Challenge 2008-2009
Time Commitment:
January 16: Registration deadline for the Learning Seminar
January 22: Learning Seminar - topics include marketing & competitive analysis, business plan structure and finance
February 5: Concept papers due
February 17: Semi-finalists announced and invited to submit a business plan
March 16: Business plans due
April 8: Finalists announced and invited to present business plans during the final presentation event
April 28: Final presentation event and winners announced
College Venture Challenge 2008-2009
Dickinson College
Penn State Harrisburg Millersville University
Last year:
$1,000 $5,000 $2,000
This year:
College Venture Challenge 2008-2009
Undergraduate 1st Place:
Undergraduate 2nd Place: