Small Biz Focus: Entrepreneurship -- Is It for Me?
Posted on 10/11/17 by Tara Palacios
Featured article in ARLnow.com
Have you thought of starting your own business? Have you sat in front of your computer and daydreamed what it would be like to work for yourself? Do you feel a deep passion for innovation or creativity around an activity or industry?
Launching a business takes guts.
Launching a business is hard. (Don’t let Amazon, Apple, Google or Shark Tank fool you.)
Launching a business is about drive, tenacity, passion and a keen sense of self.
BizLaunch has worked with small businesses in Arlington for almost two decades. We have experienced different federal, state and local administrations. Different financial cycles and employment needs. In BizLaunch, we see launching a business as a key to unlock your dream of entrepreneurship — if it is approached in a logical, planned way.
Here are some of our top recommendations if you are thinking about Starting a Business in Arlington:
- Research — Know your industry sector like nobody has ever known it before. Understand your competition, target market, pricing structure, employees and discover the opportunities for long-term growth. Arlington County Library offers a wealth of resources when it comes to market research for small businesses. Best thing of all — it is free with your Library Card.
- Mentorship — If you have an idea and wonder if you can start a business or need someone to review your business plan objectively SCORE is your answer. Arlington is fortunate to have SCORE Mentors located at BizLaunch for counseling and mentorship. Best of all it is also free. Our counselors have a variety of professional backgrounds and business experience to meet the needs of Arlington business owners: Ed Coleman, Joe Clarke, Gerry Sanz and Frank Gunion.
- Planning — Business planning makes the difference between a highly successful business, and a business that is getting by. If you do your due diligence throughout the life cycle of your business you minimize costly mistakes. We offer free or minimal cost workshops on planning each month.
- Pricing — Know your worth. Don’t have the cheapest costs in town. It will catch up with you.
- Reach Out — Attend free workshops and conferences on entrepreneurship. Brunch and Business is a great first step to hear firsthand from an Arlington business as to how they have achieved their success. The DC metro area is rich in opportunities to learn about the craft of starting a business. BizLaunch is here to help budding entrepreneurs decide if they are ready to launch their business.