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Step One: Conclusion


Analyzing the research data you collected will help you make decisions. If you wanted to build a house, you would first think about the type of house in which you would like to live; you would research neighborhoods and land prices; you would talk to architects and contractors. You would do your homework. If you didn't, you would end up like the pig who built the house out of straw. You would soon be homeless. Do your homework when building a business: finish your research and analyze your findings. Your business will then have a sound foundation. On this foundation, you can build the sturdy walls of a sound financial plan to hold it together and the reliable roof of good marketing to protect it from the elements. Then the wind and rain of competition, changing consumer demands, and improper planning will not blow it to pieces.


Next: Step Two: Operating A Business >>>


 

For more information, contact:
 

Pat Killette
Small Business Center Director
(919) 209-2015
pwkillette@johnstoncc.edu
 
 
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