Kutztown SBDC: SBDC Consulting Services: Stages of Business


	August 8, 2008

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STAGES OF BUSINESS

With careful planning and preparation, you can greatly increase your chances of success. Our SBDC consultants will help you examine issues and make informed decisions. Below you’ll find more information regarding the wide range of services we offer to help you plan, manage and grow your business.

Pre-Venture Stage
The planning stage
As you begin to develop your business, you’re faced with many questions.

Am I ready to start?
How do I finance my business?
Where should I locate?
What should I charge for my services?

Our experienced consultants can help you sort through start-up issues and make important decisions. We’ll educate you about marketing and financing, and provide training seminars on how to effectively sell your goods and services.

Early Stage Development
In business for five years or less
Your business many be established, but the questions never end.

How should I change my business structure to accommodate growth?
Should I apply for patents, trademarks or copyrights?
How can I attract and retain good employees?

Within the first five years, you’re likely to outgrow your original business plan and become sidetracked with the details of running your own company. At this stage, our consultants will help you take a step back, re-evaluate your business strategy, and devise new plans to help you reach your goals.

Established Business Stage
In business for more than five years
As your business grows, the issues confronting you become more complex.

Should I update my old products?
What tax-saving measures should I be using?
Does my product or service have global market potential?

To address more complicated issues, in-depth research, market analysis and strategic planning are often required. Our consultants have specialized expertise in these areas that will enable you to venture into new territories and more effectively market your products and services.