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Before jumping into a new venture, do a feasibility study

April 16, 2010 /

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Bear Paw Development Corporation is a private non-profit organization created for the purpose of administering programs to help improve regional economic conditions in Hill, Blaine, Liberty, Chouteau and Phillips Counties and the Fort Belknap and Rocky Boy's Indian Reservations.

You’ve got what you think is a great idea for a new business. You’ve told a couple of your buddies, and they slap you on the back and tell you it’s a winner. You’re ready to jump in. But does your business idea really have a good chance to work?

Of course, you were never planning on plunging ahead with your idea blindly. You know you have to write a business plan for your new business — especially if you’re thinking of raising funds from an investor. But before you spend a great deal of time and money launching your business, even before you develop a complete business plan, you may want to do a quicker feasibility analysis.

By Rhonda Abrams, USA TODAY

Full Story: http://www.usatoday.com/money/smallbusiness/columnist/abrams/2010-04-15-new-venture_N.htm

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For over 25 years, Zoot Enterprises has been a global provider of advanced origination, acquisition, and decision management solutions.

SBA 504 Loans offered statewide! Real estate and equipment, acquisitions, renovation, and new construction. Low, fixed-rates up to 25 years with as little as 10% down.

The Kalispell Chamber of Commerce is the longest-standing and leading advocate for the Flathead Valley community and business climate.
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