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	Tri-County Regional Entrepreneur Support Team Mission Services Offered Business Start-Up Kit Accountant, Attorney and Banker Preparing a Business Plan Entrepreneur Support Resource Guide Location Mentoring Taxes

	The Toombs-Montgomery Chamber of Commerce, in conjunction with the Toombs County Development Authority, the Montgomery County Development Authority, and the Tattnall County Development Authority has joined together to create the Tri-County Regional Entrepreneur Support Team. The purpose of this team is to encourage and support local entrepreneurs who want to start or expand a local business. The Tri-County Regional Entrepreneur Support Team would like to congratulate you on your decision to pursue the start-up of a new business in our community. We realize that the entrepreneurial spirit has and continues to keep America strong and can continue to do the same for Toombs, Montgomery and Tattnall Counties. Mission Return The Tri-County Regional Entrepreneur Support Team is a non-profit entity composed of local business people who have adopted the mission to: "Promote and support entrepreneur development opportunities in order to create and retain high quality jobs and investment in our local area." Got a business idea? Want to get that idea off the ground? Services Offered Return The Tri-County Entrepreneur Support Team's services are advisory in nature and include confidential guidance on: A Business Plan Startup Requirements Financial Needs Assessment Marketing/Sales/Pricing Strategic Planning Locating Potential Suppliers Evaluating Service Providers Site Selection and Plant Layout Information Technology Operating Support Systems Administrative OSHA and Environmental Compliance Educational and Training Human Resources Transportation Import/Export Other Assistance as appropriate Business Start-Up Kit Return It would be our pleasure to provide you with a Business Start-Up Kit to allow you to jump-start your business idea into a viable and profitable business. The contents of the kit are as follows.. A brief Tracking Questionnaire - Please complete this questionnaire when you pick up your Business Start-Up Kit. Entrepreneur Development Process Flowchart - Outlines the steps an entrepreneur proceeds through as they develop their business. A Small Business Resource Guide from the Small Business Administration. A complete list of Entrepreneurial Resources. Application for Assistance - To be completed for additional support from the Tri-County Regional Entrepreneur Support Team in the development of your business idea. Accountant, Attorney and Banker Return Chances are you will need the services of all three. An accountant can help you set up your books to meet state and federal regulations and assist you with tax information. If you plan to name the business anything other than your own name, or if you plan to form a partnership or corporation, you will probably need an attorney. You will also need a friendly banker to handle your accounts, as well as possible financing. Ask the Chamber for a list of accountants, attorneys and bankers. If you plan to proceed without professional assistance, you can get free information on naming your company and other matters from the Secretary of State. Preparing a Business Plan Return You will need to prepare a written business plan for two reasons. First, it requires you to analyze the factors that will mean the success or failure of your business; facts such as opening costs, overhead, promotion and competition. Second, it will help you secure investors or financing. Your business plan will help you to determine your anticipated cash flow, two important words if you plan to establish credit or borrow money. Quick Reference Outline Introduction A. Description of Business B. Business Goals C. Ownership and legal structure D. Skills and experience you bring to the business E. Advantages you have over your competitors II. Marketing A. Products/Services Offered B. Customer Demand for Your Product/Service C. Identify Your Market D. Explain How Your Product/Service Will Be Marketed E. Explain Pricing Strategy III. Financial Management A. Source and Amount of Initial Equity Capital B. Monthly Operating Budget for the First Year C. Expected Return on Investment and Cash Flow for the First Year D. Projected Income and Balance Statements for First Two Years E. Discuss Break-Even Point F. Explain Method of Personal Compensation G. How Will Financial Records Be Kept H. Discuss Possible Problems and Solutions IV. Operations A. How Will the Business Be Managed B. Hiring, Personnel Procedures C. Insurance D. Lease E. Legal Consideration F. Account for Production Equipment G. Account for Delivery of Goods Sold V. Concluding Statement A. Summarize Goals and Objectives B. Express Commitment to Success Entrepreneur Support Resource Guide Return Toombs-Montgomery Chamber of Commerce www.toombschamber.com East Georgia College’s Georgia Rural Economic Development Center www.gredc.org Southeastern Technical College www.southeasterntech.org Small Business Development Center www.sbdc.uga.edu Kauffman Center Resources www.entreworld.org Starting Your Business www.sba.gov/starting/ Wall Street Journal Center for Entrepreneurs www.startup.wsj.com Microsoft bCentral www.bcentral.com/resource/default.asp American Express Small Business Center www.americanexpress.com Patent Research www.delphion.com Trademark Law www.law.cornell.edu/topics/trademark.html Location Return Help is available in selecting an existing building or site for the construction of a suitable building. The Development Authority keeps a continuously updated list of available locations and real estate offices. The Development Authority can also provide you a list of construction companies, should you decide to build a new building or renovate an existing structure. Mentoring Return The Tri-County Regional Entrepreneur Support Team strongly recommends that you find a successful entrepreneur to serve as your mentor. If you have trouble finding someone to help you, feel free to contact us and we will facilitate the process of finding a local mentor for you. Taxes Return To determine property taxes to be paid on your business, contact the Toombs/Montgomery/Tattnall Tax Commissioner. You will also be required to pay taxes on sales. Toombs-Montgomery Chamber of Commerce Top The Toombs-Montgomery Chamber of Commerce offers networking and educational business programs for business members. Please check the chamber website www.toombschamber.com or call (912) 537-4466 for details on upcoming events. Do you require more information? Please contact the Chamber, and we will be happy to assist you.
	Toombs- Montgomery Chamber of Commerce 2805 East First Street Vidalia, Georgia 30474 (912) 537-4466 voice (912) 537-1805 fax

The Tri-County Regional Entrepreneur Support Team strongly recommends that you find a successful entrepreneur to serve as your mentor. If you have trouble finding someone to help you, feel free to contact us and we will facilitate the process of finding a local mentor for you.