
NEW VENTURE GUIDE
by the UALR Arkansas Small Business Development Center
From the Executive Director
People start and operate businesses for many reasons.
Regardless of why you are interested in starting and
operating your own business, we want you to be successful. A
successful business is good for you, the people that work for
you, and the state's economy. An unsuccessful business
disrupts human lives, wastes capital, and hurts the state's
economy.
Establishing a business is not particularly difficult.
However, planning for and developing a profitable, growing
business is a complex, ongoing process. Adequate planning,
attention to details, and realistic expectations are critical
to your success, especially if the business grows rapidly.
This New Venture Guide is designed to:
provide you with an overview of the major steps the
UALR Arkansas Small Business Development Center
considers crucial to planning and starting a
business, and
provide you with useful information you can use in
planning and starting your business.
The UALR Arkansas Small Business Development Center
network offers a wide variety of educational programs
throughout the state to help you in the development and
management of your business operation. Specific programs are
offered on several of the issues discussed in this guide.
Please call the University of Arkansas at Little Rock's ASBDC
lead center or your nearest ASBDC office to get more
information on the types of educational programs currently
available.
Keep in mind that this guide is only a beginning tool.
Please consult other information sources at each specific
step in the process. Your local library and nearby college or
university library are convenient places to begin your
search. Additionally, our "BizFacts" service and
Internet web site provide more detailed information about
business start-up issues. The ASBDC training programs offer
information and the chance to interact with other people who
are planning a business venture. After doing your homework,
you may want to get consulting help from our office. Contact
the nearest ASBDC office for review of and advice about your
plan.
We look forward to working with you, and wish you the best
of luck in accomplishing your business ownership goals.
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Janet M. Roderick
ASBDC Executive Director
University of Arkansas at Little Rock
College of Business
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