Starting a business can be risky. Understanding the risks and minimizing them through careful planning can improve your chances for success. Market research is the first item to address when planning a business. Having a clear idea of the market, customer base, and trends will allow you to start at an advantage. Arapahoe/ Douglas WORKS! offers custom workforce and business trend reports at no cost.
Things to Consider Before You Start Your Business
You should also consider the following to get a complete picture of your market:
1. Conduct Market Research
2. Develop a Business Plan
3. Choose a Business Structure
4. Register Your Business
5. Obtain Business License and Permits
6. Choose the Right Location
7. Finance and Incentives