Economic Development

This orientation is a great no-cost opportunity to meet with business professionals who can provide you with basic information and guidance. There are many resources available to assist you in the initial planning stages of starting a business or non-profit organization. Search for an Office of Small and Disadvantaged Business Utilization (OSDBU) to find an agency your business would like to learn more about working with. Find information on starting a veteran-owned business , from creating a business plan to learning about financing. If you’re expanding your business or moving to North Carolina, or making changes to your business, check this website for the business registration, licensing, tax and employee implications. Your business may be affected by challenging periods such as an economic downturn.

At the end of this course learners will be able to: -complete a business model summarizing assumptions about what value they will offer to whom, and how they will make money. Entrepreneurs do not have the wealth of people and goods to pay for starting your own business so that often require start-up funding. Many companies are starting to send the work offshore, which diminishes jobs in this country. Writing a plan can help small business entrepreneurs to gather and analyse information on their new small businesses.

This can be done at the state, city or county level and it depends on factors such as gross business income, number of employees, and location or type of business you are operating. In the State of Texas, all partnerships, limited liability companies and corporations are all filed thru the Office of the Texas Secretary of State Please review their website for information regarding these types of business filings. The costs depend on the type of business you are getting in you may need to research that further.

Working for a large corporation would give on the idea that their job is safe and secure, after all, a business needs employees to function. Follow these 10 steps to starting a business You’ll learn about writing a business plan, determining the legal structure of your business, and more. Starting a new business requires much more than finding a cool product or service to sell.

We suggest that learners bring an open mind and be willing to thoroughly explore the nascent business ventures they have been carrying with course introduces concepts that enables a person to start a trans-formative process in the way they think generally, and in the way they think about business specifically. Once you have decided what interests you, then you will need to start researching what kind of business you will want.