STARTING A NEW BUSINESS?


Thinking of starting a new business but not sure how or where to begin? The Lake West Chamber of Commerce would like to share some tips for you to get started on your way to success with your new business adventure.

Starting your own business is definitely a great decision, but to ensure that it is the right decision, you need to ask yourself some very important questions.
  • Is this a venture that is near and dear to you and your passions?
  • Have you done your market research to learn if your area is in need, or wanting the business or service you will provide?
  • Do you have the motivation to persevere from the start-up to running and operating your business and all the hours it will take to make it a success?
  • Are you prepared to hear the word no, and possibly experience some failures along the way?
  • How are you with communication? Networking, hiring (and sometimes firing) staff, and negotiating skills are all a part of the ownership and management of a small business.
If you have asked yourself these hard questions, and are ready to start, then let’s get going!


HAVE A PLAN:

No matter what the nature of your business, you should start by writing a plan to organize your thoughts and ideas to use for future reference.

BRAND YOUR BUSINESS:

Knowing your target consumers is important when deciding and designing your logo and marketing materials. You want to stand out from the beginning so that even just seeing the particular colors you choose will get you noticed and identified easily.


MONEY MATTERS:

Financing is key in a new business startup. Do your research to see what programs are available for new business owners. Create a budget for all your expenditures, from payroll and products to utilities and the unexpected charges you may incur.

NETWORKING:

Business networking is key to any successful business. The Lake West Chamber of Commerce is host to these events throughout the year, and it is the best way to get you and your business noticed,

Once you have your plan in place and are ready to take the first step in business ownership, the Lake West Chamber of Commerce is ready to help you.

Membership in the Lake West Chamber of Commerce can provide you with the tools and information you need to know about our thriving area so that you can start your business adventure with the confidence you need to succeed.

Feel free to stop by our office or visit our website to discover all the benefits of being a member of the Lake West Chamber of Commerce!

We wish you the best of luck and look forward to you and your business joining us on the West Side of the Lake of the Ozarks!


Building a stronger economy and a better business community since 1987!


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