While putting together facts and figures isn’t the most thrilling use of your time, especially in those exciting early startup days, it’s essential if you’re going to give your business the best chance of survival – and the best chance of growth.
Resources for Small Food Businesses University of Maine Cooperative Extension List of resources and services provided by the University of Maine.
SCORE Locations in Massachusetts Massachusetts Health and Human Services - Retail Food Massachusetts DHHS Links to policies and guidelines, regulations, food safety training courses, and retail food safety.
Sample Business Plan NH Small Business Development Center Sample business plan to outline how to write a business plan for small businesses starting out. Complete Solutions for Food Entrepreneurs Western Massachusetts Food Processing Center Provides technical assistance, workshops, and resources on business planning.
Capital Sources for Your Business University of Maine Cooperative Extension Fact sheet that describes the 5 C’s of credit, types of capital, and ten sources of capital U. 10 Small Business Marketing Ideas NH Small Business Development Center A list of marketing ideas along with resource links. Small Business Administration – New England Region Office SCORE The nation’s largest network of volunteers, expert business mentors.
Building this in from the beginning isn’t setting yourself up to fail, but giving you the best chance of saving your business. Is there an alternative income stream you could rely on, even for a bit? With all the work that goes into running a startup, you can lose sight of what’s really important to you.
But building your mission and purpose into your business plan keeps you focused, so that when times are difficult you can remember just why you’re doing this – and keep working towards your ultimate goals.
Product Liability Insurance Penn State Extension A must read fact sheet for anyone who add value to food or direct markets. Resources For Small Businesses - Connecticut Connecticut Small Business Development Center Provides list of federal and state resources and associations for Connecticut small food businesses.
SCORE Locations in Connecticut SCORE Locations in Maine Resources for Food Entrepreneurs University of Maine Cooperative Extension Extensive list of resources for specialty food producers.
Doing a business plan forces you to run through your business in advance, rather than just skimming over things or deciding to chance them. What equipment do I need immediately, and where can I get it? Better to face up to these problems and find solutions for them now, rather than be hit when they arise in the future.
You’re forced to think about the hard questions, such as – is my price point high enough? Make a cash flow forecast part of your business plan too, so you can see if the costs all square up – and be brutally honest.