Start Your Business
Not every entrepreneur has a degree in business, and even if you do, bringing your idea to life while flying solo can seem like a daunting task. Luckily for Wyoming entrepreneurs, there is plenty of help available when starting a small business.
The Wyoming Small Business Development Center (SBDC) Network offers a huge amount of advice and assistance to help you start a business of any size in any industry. The best part — our services are always free and completely confidential thanks to support from the University of Wyoming, the Wyoming Business Council, and the U.S. Small Business Administration.
Last year alone, the Wyoming SBDC Network:
Helped Start 111 New Businesses
Helped Create or Save 1,402 Jobs
Step 1: Team Up
You are just seconds away from completing the most important step! Click the “Get Started” link to get connected with your local advisor. This high-caliber, entrepreneurial-powerhouse of an expert will use their own small business background to work with you throughout the entire process. It’s like having a business partner who’s done it all before (and you don’t have to pay!).
Take the First Step
We’re already looking forward to your success!
Step 2: Research Your Idea
Your advisor will get you in touch with our top-notch market researchers. We’ll dig through our extensive, up-to-date databases to provide the facts and figures you need to:
- Identify and best reach your target audience
- Analyze your competition
- Create an effective website specific to your needs
- And more!
Step 3: Learn the Basics
While you’re waiting for that market research data, your advisor can identify which business topics you should brush up on. They’ll provide you with advice and resources to understand areas like:
- Building a Website
- Social Media
- Payroll & Bookkeeping
- Human Resources
- International Trade
- Emergency Preparedness
- And more!
You should also attend an upcoming Start Your Own Business (SYOB) Workshop in your area. Your local advisor/new best friend will give you a preview of the entire start-up process (and maybe some coffee and snacks).
Step 4: CREATE YOUR BUSINESS PLAN
Now that you’re all trained up and have your market research in hand, it’s time put it all together. Your advisor will help you build a solid Business Plan that will serve as a road map for your success.
Step 5: GET FUNDED
With your completed Business Plan hot off the press, it’s now time to seek out funding opportunities. Keep working with your advisor to learn how to:
- Find and apply for the right business loan
- Pitch your idea to potential investors
- Identify grant opportunities
- See if you qualify for state and/or federal programs
- Take advantage of crowdfunding
- Find ways to self-fund your business
Step 6: OPEN YOUR BUSINESS
This is it! Your advisor has helped you with the last few details and your dream of business ownership is now a reality. You’re ready to bring your passion to your customers and we couldn’t be happier! (Seriously, look at that smile on your advisor’s face. This is what we live for.)
But don’t worry, you haven’t heard the last of us…
Step 7: GROW
When you’re ready to grow your business, you bet we’ll be there. Until then, if a problem ever arises, your advisor is one phone call away from backing you up. You can always stay up-to-date on entrepreneurial issues in Wyoming through our weekly Biz Tips and make sure you’re subscribed to our monthly event newsletter.
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