2021-2022 Small Business Resource Guide | Page 6

STARTING A BUSINESS
STARTING A BUSINESS

TOP TEN FIRST STEPS

Starting a business involves planning , making key financial decisions and completing a series of legal activities . These 10 easy steps can help you plan , prepare and manage your business .

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WRITE A BUSINESS PLAN
A business plan is an essential roadmap for business success . This living document generally projects 3-5 years ahead and outlines how a company intends to grow and sustain revenues .
GET BUSINESS ASSISTANCE AND TRAINING
Take advantage of free training , counseling , and networking opportunities provided by local business organizations in Arlington . From preparing a business plan and securing financing to expanding or relocating a business , there are training opportunites to fit every need .
See page 50 .
CHOOSE A BUSINESS LOCATION
Choosing the right location can be vital to the success of your business . Luckily , there are free market research tools available to help you select the perfect site . See page 43 . Additionally , it is important to check the zoning of your site to comply with the City of Arlington ’ s zoning laws and ensure the property is a good fit for your business .
FINANCE YOUR BUSINESS
Learn how to obtain financing and find government backed loans to help you get started or expand your business . There are also other funding options for your business including venture capital funds and other non-traditional financial vehicles .
See page 8 .
See page 12 .
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