How to Start a Business in Illinois

Entrepreneurs that aspire to start a business should begin the process of writing a business plan. Many business planning templates/tools are available such as Lean Startup; however, banks and investors will not accept anything but a traditional business plan, and thus why SBDCs assist clients with developing one. The seminar walks attendees through the components of the business plan, including concept feasibility, product/service description, market analysis/program, operations and organization, financial plan, business financing, choosing a business name and structure, registering your business for taxes, registering for permits/licenses, and obtaining insurance.