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Creating a new business while working full-time can be tough. But even if you work an hour a week building your company, you still need a business plan.
Are You Planning to Start a Business in PA? Make a Plan
by Willis Kanaley
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December 20, 2022
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Business startups are risky. A business plan can greatly reduce this risk. The key steps are:
- Define your business.
- Select a legal structure.
- Determine your target market.
- Research customers, competitors, and suppliers.
- Develop a detailed marketing plan and budget.
- Develop a list of helpful contacts.
- Get appropriate professional advise.
- Make a detailed financial projection.
You can read the complete article in the August 2, 2022 issue of the Reading Eagle here https://enewspaper.readingeagle.com?selDate=20220802&goTo=B11&artid=0
Call the local SCORE chapter at 610-376-3497 in Reading.
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Willis Kanaley
Mechanical Engineer - Technical Sales National Sales Manager - Manufacturing Plant Manager (150 to...
Doing some pre-startup homework and crafting a business plan now will make your life post-startup so much easier.
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