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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.

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planning-pattern
  • Planning & Development Phase Planning & Development
  • Planning & Development Phase Location
  • Planning & Development Phase Construction
  • Planning & Development Phase

Planning & Development Phase

Let’s get started.

planning-pattern
Planning & Development Phase

Step One:

research & business plan

Whether you’re starting a new business, expanding an existing business, or purchasing a franchise, you’ll need a plan.

step-one

Helpful Resources

Suggested Contractors

pro-tip
Pro Tip:

Hire a business accountant. You need someone who can provide sound financial advice.

Planning & Development Phase

Step Two:

form your entity

Take the following steps to ensure you’re going through all the necessary legal processes.

step-2
pro-tip
Pro Tip:

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

Now let’s pick a spot.
location-pattern
  • Location Phase Planning & Development
  • Location Phase Location
  • Location Phase Construction
  • Location Phase

Location Phase

(3-6 Months)

Now it’s time to find a home for your business.

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Location Phase

Step Three:

choose your location

Whether you’re starting from ground up or relocating an existing business, you’ll need to do the following.

step-3

Helpful Resources

pro-tip
Pro Tip:

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.

Location Phase

Step Four:

site selection and approval

Once you’ve found the perfect location, there are some important processes to follow.

step-4
pro-tip
Pro Tip:

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

Time to start building.
contruction-pattern
  • Construction Phase Planning & Development
  • Construction Phase Location
  • Construction Phase Construction
  • Construction Phase

Construction Phase

(3-6 Months)

Let’s build something!

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Construction Phase

Step Five:

construction & building permits

Codes and permits can be confusing. We can help you.

step-5

Helpful Resources

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Pro Tip:

Remember, it’s a marathon, not a sprint. Unexpected setbacks are common during construction and completion dates often change.

Construction Phase

Step Six:

inspections

One can never be too careful. It’s critical to have the right agencies sign off on your business.

step-6

Helpful Resources

pro-tip
Pro Tip:

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 the City of Colorado Springs Small Business Development Administrator.

End of Construction Phase

You’re about to start operating a business.
  • Operation Phase Planning & Development
  • Operation Phase Location
  • Operation Phase Construction
  • Operation Phase

Operation Phase

Operation Phase

Step Seven:

operation

Your new team needs an employer who knows how to run a business.

step-7

Helpful Resources

End of Operation Phase