Congratulations on taking your first steps towards successfully launching your own business. According to the U.S. Small Business Administration, roughly 50% of small businesses fail within the first five years. Proper planning and eliminating assumptions before opening your doors will drastically increase your chances of success. Think of the Indiana Small Business Development Center as your advisor leading you past the time- and money-wasting pitfalls many business owners struggle with. With the assistance of the ISBDC, you will:
- Evaluate Yourself
- Evaluate Your Business Idea
- Evaluate Your Market
- Evaluate The Cost
To get started, complete our confidential online assessment. Your responses will be used to develop a plan which will help you open and grow your business with confidence. Typically, start-up entrepreneurs will be encouraged to complete a two hour business start-up workshop. Following the workshop, a one-on-one business consultation will be scheduled where the client will work with his or her Business Advisor to develop a business plan outlining the next three to five years of the business. From here, continued consulting will be available to help fine-tune the plan and navigate through unexpected difficulties that may come up.