Launching Your Own Business

Event description

Every successful business starts with a solid foundation. Whether you’re thinking about launching a side hustle, opening a storefront, or turning a passion into a profession, this class will guide you through the essential steps to start strong. 

This hands-on workshop covers the basics of starting any kind of business—from evaluating whether now is the right time, to forming your legal entity, and preparing to tackle the common pitfalls that derail early-stage entrepreneurs. Every business is unique, but there are critical areas that apply to every business—and addressing them early will increase your chances of long-term success.

In this session, Southwest Indiana SBDC Business Advisors will help you understand:

• Your personal and professional readiness to start a business
• How to evaluate your business idea for both viability and feasibility
• How to perform market research and assess your competition
• Steps to properly name, structure, and register your business in Indiana
• Startup costs, funding options, and how to begin building financial projections
• The purpose and structure of a business plan—and how it helps you make smart decisions 

Upon registration, you’ll receive a link to materials including a digital workbook: “Guide to Starting a Business.” Printed materials are provided at the beginning of this session.

After the workshop, participants are invited to schedule 1:1, no-cost advising with an SBDC Business Advisor for help refining their business concept or preparing to apply for funding.

This event is being held in-person in the 5th floor Conference Room at Innovation Pointe which is located at 318 Main St. Evansville, IN 47708. Street parking is free after for 2 hours and free after 4:30pm. You can also park at the Locust Street Parking Garage located at 416 Locust St, Evansville, IN 47708.

Launching Your Own Business classes are generously sponsored by German American Bank.

Funded in part through a cooperative agreement with the US Small Business Administration. All opinions, conclusions, and/or recommendations expressed herein are those of the author(s) and do not necessarily reflect the views of the SBA.