small business start up lab
DESCRIPTION
Finally Help with Starting your business. Just in time, just right, on your terms, HP Life is a unique program that uses real life examples of business problems, and shows how using technology can help solve those problems, and in turn help small businesses grow and succeed. This program features “hands on” use of computer station, provided through a donation by Hewlett-Packard Corporation, and focuses on the business problem rather than the software. Do you have a business concept that you are ready to turn into a reality? Attend the new Small Business Development Center Start Up Lab. We provide the tools to research and address the challenges that start ups face. Topics include funding, putting together a business plan, marketing and sales. Download in order to access the live links.TRANSCRIPT
Start Up
Presented By: Kristin Slice, MA, Business Analyst
Small Business Development CenterPart of a Nation Wide Network
Offices Across Arizona with 8 offices in Phoenix
Business Planning, Funding, Marketing, Technology Start Ups and Financial Analysis
3,000 Business Served 1,364 Jobs Created in 2011268 Business Starts $45,000,000 Capital Formation $85,000,000 Increased Sales
HP LIFE Program Learning Initiative for Entrepreneurs.
Hands On, Interactive, Designed to help expand businesses
Open Source Software and Online Resources
Stats:45 countries across the globeHP LIFE has more than 340 partner organizations. Delivered in more than 20 languages Over 500,000 people have participated world wide
AgendaIntroductions
V.E. Story: Board Context – 5 mins. Business Scenario: Specific Problem- 20 mins.
What support are you looking for?
Hands on Activity: Open Lab
Debrief: Business application and Assignments
Forming a Legal Entity - Filling a LLC
If you want to move forward with filing your LLC yourself. Here is a good guide that is important to read that might answer your question: http://www.azcommerce.com/services/small-business-services/ this is a step by step process. Also if you want to know about the ARS code that that section refers to here is a good guide.http://www.azleg.state.az.us/ArizonaRevisedStatutes.asp?Title=29 The IRS site has some good information also, at:http://www.irs.gov/businesses/small/article/0,,id=158625,00.html
Creating a Business Plan
Why create a business plan?
• Use the Building Your Winning Business Plan workbook• Use the HP Life Business Plan template • Complete the Financial Projection Excel Sheet
All three documents are available on the desktop under a file labels Start Up Tools
Remember to save the documents and email them to yourself.
Funding Prior to starting to look for funding you will need a solid business plan and financial projections.
Articles and Links: http://www.toolkit.com/small_business_guide/sbg.aspx?nid=P10_0500http://www.entrepreneur.com/money/finance/index.html
SBA Grant and Loan Finder:http://www.sba.gov/content/search-business-loans-grants-and-financing
Marketing and Sales Tools Create a Marketing Plan In additional you can check out these tools, set up profiles and visit their training sections:
Marketingsplash.com templates to create Collateral and FlyersVistaprint provides cheap printing and template graphics Internet Marketing: Read the PDF Guide from Hubspot on desktopEmail Marketing: MailChimp.com Self Website Creation: www.wordpress.org
Researching Researching the statistical feasibility of your business and completing Marketing Research Demographics and Census: http://quickfacts.census.gov/qfd/states/04000.htmlEconomic and Housing: http://factfinder2.census.gov/faces/nav/jsf/pages/index.xhtmlResearch packets provide extensive background on your industry. They have vary in content. If you do not see your specific business tell your business counselor and they can order one for you free of charge. http://www.sbdcnet.org/category/small-business-research-reportshttp://www.missouribusiness.net/sbtdc/industry/index.aspFinancial Benchmarks and Industry Ratio: http://www.bizstats.com/
IP and Intellectual Property
http://www.aztechedge.com/module_2__techproperty.htm
Best website for education on business challenges
WWW.SBA.ORGWWW.AMEXOPEN.COM WWW.BUZZGATE.COM
Where do we go from here…Complete your goals and email them to Kristin in order to sign up for next Start Up Lab.
Share what resources you need.
Sign up for one-on-one counseling