If you are thinking of starting a business, this is the place to be. We have resources to help you go from idea to opening your business.
Use the resources to your right. In your planning stage, you will find tools to help you determine if your business is feasible and if you have the personality and skills to be a successful entrepreneur.
The next step is to prepare a business plan
so you can figure out whether your business can make money. We have many business plan resources for you, including a free, password-protected online tool from the SBA.
If you need help preparing your plan, you can get free one-on-one help from your Small Business Development Center. Here is their contact information:
SBDC at Lincoln Land Community College
SBDC at Lincoln Land Community College Springfield
Be sure to use the cash flow calculator tool
to see how much cash your business will use or generate. The key to business survival is cash flow - and inventory, billing collection days, profitability greatly affect it.
After you have figured out your business plan, we have tools to help you look at your feelings about risk
and where you can get funding
Has your business idea passed all these steps? Now you're ready to determine the proper legal entity for your business. Use the Entity Wizard
in the right panel.
Once you've chosen an entity, use the Form your Business Kit
, with everything you need to create that business entity.
Now you're officially in business. We have some tools developed for new businesses including a 30 day marketing primer and several online webinars.
Be sure to contact your Small Business Development Center
for free help. The SBDC also offers low-cost business classes.
Here are some other sources of help within the Tools: