The idea or conception stage of your business requires research and planning. You may start with many assumptions about what your business will be, where it will be and who your customers will be. But conducting research may result in challenging those assumptions and leading you to a more solid starting point.
There are many resources and service providers that can help you every step of the way.
- Your Business Model Canvas is a lean start-up tool that will help you get your ideas on paper and guide you to the next step.
- Your research should use a number of sources to prove to yourself and others that your business is a good idea and has a good chance for being a success
- Your Business Plan will guide you through the start-up and first three years of your business with projections for costs, revenue and cash flow. It will include your marketing, staffing and financial plan.
- Your Financing Options should clearly outline your revenue model and financial forecasts so that your investors or lending institutions will understand and support your plan for success.
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Louisville Metro and its resource providers offer a broad array of business training and education programs. Click here for calendar and registration.
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