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Starting a Business

Start-up firms and expanding small businesses are two of the most important resources of jobs and career opportunities for Oregonians. Whether you are in a start-up phase or expanding, the Small Business Development Center can help you.

Before You Begin Your Business, Do You Have...?

Knowledge

Have knowledge pertaining to the business you plan to enter.

Experience

Have experience in managing people and finance.

Research

Do your homework. Time spent planning is time well spent.

Business plan

This is essential! If you fail to plan, you plan to fail.

Marketing plan

Know how you will reach your customers. Determine why they will buy from you.

Financing

Explain how you plan to finance the business. Describe sources and use of funds.

Select your business structure

Determine if you will be a sole proprietor, partnership, corporation, or other entity. Do your research. This is both a legal and tax issue.

Check licensing requirements

Many occupations and business operations require special licenses, permits, or certifications from state agencies or boards.

Resources