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If I make great doughnuts, but don't know anything about business, can I start a doughnut shop?


If I make great doughnuts, but don't know anything about business, can I start a doughnut shop?

The key is education. Contrary to popular belief most business owners were not born entrepreneurs. There are plenty of resources on-line and offline to help you start your own business and write a business plan.

On-line:

SBA Articles About Business Planning
http://www.sba.gov/smallbusinessplanner/

Free On-line Business Plan Program and Start-Up Articles
http://www.diybizplan.com

They also have an overview of the process of starting a business and articles on the registration process with links to additional resources here:

Starting a Business Overview
http://www.diybizplan.com/default.php?ac...

Business Registration Overview
http://www.diybizplan.com/default.php?ac...

Business Legal Structure - Single Owner
http://www.diybizplan.com/default.php?ac...

Financing Your Buisness
http://www.diybizplan.com/default.php?ac...

More articles on Starting a Business
http://www.startupbiz.com

Offine:

Check with your local:

SCORE Office - voluneteers who mentor entrepreneurs
http://www.score.org

SBDC Office - Help with Business Planning, Financial Projections and Identifying Loan / Financing Resources
http://www.sba.gov/sbdc/sbdcnear.html

I hope this helps

Mr BizPlan

.... Not really. It takes a lot to run a business.

You could try a partnership with someone who cannot make doughnuts but understands the business side of it.

Maybe if you are serious and willing to spent A LOT of time preping for it. Your best bet would be to find a partner who knows enough to ensure survival.

You can get a mentor to help you understand the business side through SCORE, Service Corps of Retired Executives. You can look them up at www.score.org.

Score didn't help me a lot, but if you can make a connection with a businessman there or elsewhere or a business organization, don't leave any stone unturned. Score often suggests that you start by working at a donut company. If you develop intuition and the creative powers that go with it, you should be able to solve any problems. People can tell you everything you need to know or who to ask. Why read only books that have maybe one idea that you can use when a person can assess your situation and summarize a pile of books. Mr. Walton creator of Walmart visited all his competition constantly his whole life. I would definitely start with the business end, as, if you love that, who can stop you.

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