Despite the ups and downs of business, the chances for individual success depend largely upon the knowledge, experience, intelligence and care used in setting up an enterprise. The Town of Brookhaven’s Business Advisory Council, which is charged with acting as liaison between government and the business community, has created this blog to help guide you toward a successful plan of action.
Avoiding Pitfalls
In the past, there have been few agencies to which men and women planning to start a business could turn for advice. As a result, many who had scraped together a small amount of capital plunged ahead full of confidence, but with little actual knowledge or appreciation of the problems they faced. That they did not always achieve success is understandable. Business records over a period of years reveal how difficult the going can be.
Today the United States government offers assistance from the Small Business
Administration. The New York State Small Business Development Center located at SUNY Stony Brook, The Town of Brookhaven’s Division of Economic Development, SCORE, and the Miller Business Resource Center at the Middle Country Public Library are all valuable resources. Additionally, the Town of Brookhaven offers this blog. While businesses differ in nature, the same fundamental principles apply to all. Every entrepreneur should STOP – LOOK – THINK before starting a new enterprise.
Experts agree there is no substitute for experience. It is possible, however, to operate a business successfully through the exercise of prudence, common sense, willingness to devote time and attention to it, boldness in making progressive decisions and alertness in anticipating where and how mistakes can be avoided.
Next Post: Self-Awareness and Evaluation
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