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Starting a business involves planning, making key financial decisions, and completing a series of legal activities. Read on to learn about each step.

1. Conduct market research

Market research will tell you if there’s an opportunity to turn your idea into a successful business. It’s a way to gather information about potential customers and businesses already operating in your area. Use that information to find a competitive advantage for your business.

A mentoring session is a confidential, personalized conversation with a business expert to answer a question or to solve a problem that you’re facing.

This video will help you learn more about meeting  with  a SCORE Ann Arbor Area Mentor to help you be prepared for your Mentoring Session. 

Microloans are small loans that can help you get started or expand. A microloan is normally on average about $13,000.
Below is a list of SBA Microlenders that may be able to help you get funded.
Please note a microloan must be paid back in full and requires lending and credit requirements that may be different for each lender