Are you at the point in life where you are trying to decide if going into business for yourself is right for you? Do you want more freedom and control of your time to do the things you want to do each and every day? Do you have the discipline to work without supervision and set attainable goals?
The following topics should be addressed when considering planning for a small business.
1. Developing your Business
2. Law and Order of your Startup
4. Small Business Administration Guarantee Loan Program (SBA)
5. The pros and cons of Franchising
6. The Lending Process
7. Business Planning vs. Business Plans
8. Tax Planning and Implications
9. Managing Cash Flows
10. Government Contracting
11. International Trade
12. Marketing and Sales
13. Internet and Technology
14. Business Brokerage vs. Franchising
15. Using Seller Financing to Buy or Sell a Business
16. Business Valuation Cap Rate and Seller Discretionary Earnings
17. Commercial Real Estate Purchase vs. Commercial Leasing
18. Types of Commercial Leases
Your small business advisor can help you prepare for your small business venture. Resources from organizations like SCORE offers a tremendous source of training opportunities for a nominal fee or in some cases free consultation to lead you to the proper channels to get your small business up and running without wasting time and money trying to do everything on your own. Go to scorechicago.org and sign up for free webninars on all of the subjects mentioned above or sign up for some of their workshops offered at a nominal fee at locations throughout the Chicagoland area.
You can also investigate Matrix Equity's website for available financing options for small businesses and access to a wealth of lenders who are more than willing to provide you with the financing you are seeking and in most cases these lenders are not overly concerned about credit issues. They understand that no one is perfect and are more willing to look at potential rather than past credit history as long as the issues can be explained away. Credit scores will not determine the success of your business as much as the potential profits for a successful relationship.