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“I find the lecture and discussion periods of these classes to be beneficial, but another aspect of the classes is the networking with other small businesses. This is great!”

—Jan Pederson, Acme Scenic and Display, Inc., Portland, OR
Partially funded by U.S. Department of Education
: a compass
“Don't quack like a duck— soar like an eagle.” —Ken Blanchard

Thinking

Business Idea

You have a great concept but aren't sure what steps to take next.

Here are some steps to get you going.

1: Your Idea

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  • What is your business idea?

  • What products and/or services will you offer?

  • Are you starting a new business, buying an existing one, or buying a franchise?

  • Will you need to protect intellectual property through trade name, trade mark, copyright and/or patents?

2: Is Your Idea Feasible?

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  • The characteristics of a successful entrepreneur

  • Are you ready to be in business?

  • Do you have the skills, experience and time?

  • How much money will it take and can you raise it?

  • What are your strengths and weaknesses?

3: What is Your Market?

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  • Who is your target market, how big is it, and where is it located?

  • Is there sufficient demand for your product or service?

  • Who is your competition and what are their strengths and weaknesses?

  • Why will people purchase your product or service versus your competitors?

4: Your Business Structure

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  • What legal structure is right for your business?

  • Your business is in the family, now what?

5: Your Business Profile

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  • What is your going-in snapshot of your business?

  • How will it look?
Need more help? Get free and confidential business advice from an experienced BizCenter advisor- in person and on-line. Register now

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