Are there any resources that you can give to potential new business owners?
If you are starting from scratch, I would implore you guys to look into resources like Fund Black Founders, who is bridging the gap between early stage funding. The idea is specifically for Black founders. Really, that’s I implore you guys to consider and take a look at. That’s also a very important part of your business plan. So if you have your business plan, you have an idea of what startup capital you need.
Firstly, I suggest that you guys leverage the tools most accessible. That would be the the internet, there are hundreds of reports and tools that you can access for free to review and get a better understanding of what activities are going on in your specific niche. So, just running a quick Google search would bring you a long way. Next, I would say that you rely on your resources. This is going to be one of the steps to success.
There are many resources that you can engage that are focused on the economic development as it pertains to the business community. I would also incentivize you guys to rely on them as mentors of sorts. Get a better understanding of what they have seen because they’ve seen it in volume. Go to networking events and set up an intro call so that you can learn about the processes. The procedure is learned by what the best practices are, so that you’re not starting from scratch.
