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What Does It Take to Start a New Business?

January 30, 2010

There are more than 20 million small businesses owners in the U.S., and thousands of new businesses launch each year — engineering firms and bakeries, high-tech R&D laboratories and home-based accountants, fashion design studios and restaurants. 

So, what does it take to start and manage a successful small business? At the most basic level, it requires research, planning, commitment and hard work — all of which require a truly dedicated, innovative and motivated entrepreneur. Entrepreneurs are dreamers, who see all the possibilities, and realists, who recognize the requirements and risks of building viable enterprises. They know that not every aspect of running a small business is glamorous. Yet, they also understand how each necessary task factors into profits, financial independence and personal satisfaction. 

If you are considering becoming your own boss, you need to gather information and obtain advice on entrepreneurship even if you are already familiar with the nuances of running somebody else’s business. A good place to start is Lancaster SCORE, “Counselors to America’s Small Business.” SCORE is a nonprofit organization that offers small business counseling and mentoring to emerging and existing small businesses … at no charge. Our 50 volunteer mentors are knowledgeable business experts who have “seen it and done it.” They are eager to share their insights and experience to help entrepreneurs succeed. 

You can access Lancaster SCORE’s small business resources in a variety of ways:

  • Face-to-face, confidential meetings with SCORE mentors
  • Access to a wide variety reference materials – print and online
  • Low-cost workshops and seminars
  • Kauffman Foundation FastTrac® program for entrepreneurs
  • Business roundtables
  • Business plan reviews
  • Online counseling to tap the knowledge of small business experts from across the country.

 Whether in person or online, your SCORE counselor will work with you to understand and prioritize your needs … and help you meet them.  We’ll guide, advise and inform … but you decide.   

To learn more about Lancaster SCORE, call us at 717-397-3092 or find us online at

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