How to go from a great idea to a grand opening.
COSOpenforBiz is a "step-by-step" online guide to assist entrepreneurs from their great idea to grand opening. Find your key point of contact and helpful resources. This tool serves the brick and mortar small business development process. Starting a business is not a linear process. As you move through each step; other steps or agencies may apply depending on the specifics of your business development needs.
Planning & Development Phase
Let’s get started.
Step One:
Whether you’re starting a new business, expanding an existing business, or purchasing a franchise, you’ll need a plan.
Helpful Resources
Suggested Contractors
Hire a business accountant. You need someone who can provide sound financial advice.
Step Two:
Take the following steps to ensure you’re going through all the necessary legal processes.
Get it reviewed. An attorney can help you better understand your contracts and protect your interests. Have them review your lease, real estate documents, letters of intent, and service contracts, as well as any nondisclosure, partnership, and indemnity agreements.
End of Planning & Development Phase
Location Phase
Now it’s time to find a home for your business.
Step Three:
Whether you’re starting from ground up or relocating an existing business, you’ll need to do the following.
Thoroughly research the use and classification of the space before signing your commercial lease. The fire department’s RESTART program will help you understand the fire code requirements before committing to the purchase, lease, or development of a property.
Step Four:
Once you’ve found the perfect location, there are some important processes to follow.
Helpful Resources
Suggested Contractors
Hire a licensed general contractor. They understand building codes and the permitting process to ensure your project gets approved by code enforcement. Plus, the Pikes Peak Regional Building Department requires you work with one.
End of Location Phase
Construction Phase
Let’s build something!
Step Five:
Codes and permits can be confusing. We can help you.
Remember, it’s a marathon, not a sprint. Unexpected setbacks are common during construction and completion dates often change.
Step Six:
One can never be too careful. It’s critical to have the right agencies sign off on your business.
If you get stuck during any of these steps, we’re only a phone call away. Contact the associated agency under helpful resources. If you don’t know where to start, contact Yemi Mobolade, City of Colorado Springs Small Business Development Administrator.
End of Construction Phase
Operation Phase
Step Seven:
Your new team needs an employer who knows how to run a business.