Starting a Small Business

Paper Summary:

The writer describes the SBA website that is a government-sponsored site that gives potential business owners the tools and information that they need in order to start up a business. The writer relates that if he/she were to start a business, the first thing he would do is go to the SBA website and start with the small business planner. The writer then presents a business plan for a clothing 'library' where women can borrow the latest fashions to wear.

From the Paper:

"The first place to check out on the site is the Small Business Planner. Clicking on this will bring you to an area where you can get started on writing your own business plan. The Strategic Planning section is an area that stresses the importance of planning - even in the case of small businesses. Collecting information about the potential business environment is the first step. What is the business? Very clear ideas are necessary in order for a business to succeed as is knowing the strengths and weaknesses of the potential business. A clear mission with goals and objectives should be written down."

Sample of Sources Used:

• U.S. Small Business Administration. Retrieved from the Web site http://www.sba.gov/ on October 13, 2008.

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