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