Plan My Business
Find resources for planning a business in NC.
Step by step
Define the Business Idea
The Entrepreneurship Hub offers a 5-week Jumpstart program that helps entrepreneurs develop their raw ideas into a well-developed, fully vetted and validated business plan. The Entrepreneurship Hub's Maker’s Space gives entrepreneurs a unique opportunity for business simulation and to create prototypes so they can “Fail Fast Fail Cheap” and optimize their idea for consumers, investors and manufacturers.
Perform Market Research and Competitive Analysis
To run a successful business it is critical to have a thorough understanding of your market. Small Business Center Network (SBCN) helps you understand: Who are my Customers? Who are my Competitors? What are the trends within the industry? SBCN can help you with your Marketing Plan (opens in new tab).
The Small Business & Technology Development Center (SBTDC) has an experienced team of marketing analysts to help your business grow through better data and analysis. SBTDC can help you with your Marketing Plan. (opens in new tab) SBTDC has put together a Marketing Plan worksheet (opens in new tab) to guide you through the writing and organization of an effective marketing plan.
Identify Legal Considerations
Some businesses may be subject to several legal considerations while others may not. Review the following legal considerations for your business.
Arrange for Business Financing
How much money will it take to start your small business? Calculate the startup costs for your small business so you can request funding, attract investors, and estimate when you’ll turn a profit.
Calculate your startup costsOpens in new tab
Write a Business Plan
A Business Plan is essential and critical for owning and operating a successful and profitable business. SBCN has put together guides on how to write a Business Plan (opens in new tab). Developing your own business plan will enable you to understand the strengths, weaknesses, opportunities, and threats (SWOT) that exist for your business success. Small Business Center Network (SBCN) can help you with this.
Start my Business
Ready to move forward? Visit Start my Business for step-by-step guidance.