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Helpful Tips on Starting Your Own Business

Start My Own Business

You’re thinking of starting your own business – congratulations! So how do you know if business ownership right for you? Tyler Hilsabeck, Business Advisor at Open to Business for Washington County, recommends asking yourself these questions:

  • Are you passionate?
  • Do you have the knowledge/expertise?
  • Do you have the financial resources?
  • Do you have the support?

Next, ask yourself “Is my business idea feasible?” Hilsabeck says you want to answer “yes” to all of these:

  • Is your idea serving an unmet need and solving an unserved need?
  • Could my product/service could be expanded or modified to gain additional customer groups.
  • I know who my potential buyers are.
  • I know what it will take to start and run my business.
  • I understand what it will take to obtain funding.
  • I’m ready to work to make my business successful!

As a business owner, not only will you be the CEO or President of your new company, you will also be responsible for all other aspects:

  • Administration – answering phones, handling paperwork, office management and insurance issues
  • Accounting – bookkeeping, taxes, payables and receivables
  • Human resources – hiring, firing and managing employees
  • Marketing – creating and promoting your company’s image via advertising, PR and more
  • Sales – prospecting for new leads, cold calling, making sales presentations and closing
  • Customer service – taking orders, handling complaints and building relationships
  • Production and fulfillment – manufacturing your product or arranging to have it made; shipping and warehousing
  • Information technology – choosing, purchasing and troubleshooting technology
  • Location - negotiating leases or purchase agreements

Remember, hard work pays off and nobody will put in more work for your business than you. Be sure to reach out for support when needed and always think about the future and where your business is heading. And perhaps most importantly, have fun!

What is Open to Business?

Washington County has partnered with the Metropolitan Consortium of Community Developers (MCCD) to offer the Open to Business program. This program provides free one-on-one assistance from MCCD’s expert staff, customized to meet the specific needs of each entrepreneur. For more information, contact Tyler Hilsabeck at This email address is being protected from spambots. You need JavaScript enabled to view it..

To discuss your business needs and learn how Ideal can help you achieve your goals, contact Josh Anderson, Business Relationship Specialist, at 651-773-2763 or email him at This email address is being protected from spambots. You need JavaScript enabled to view it.. You can also request an appointment.

 

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2018 - 19 Holiday Hours

Martin Luther King Jr Day

Monday, January 21st
All locations closed.


Presidents' Day
Monday, February 18th
All locations closed.


Good Friday
Friday, April 19th
All locations open regular business hours
Lobby - 9:00 a.m. to 5:00 p.m.
Drive-thru - 9:00 a.m. to 5:30 p.m.


Memorial Day
Monday, May 27th
All locations closed.


Independence Day
Thursday, July 4th
All locations closed.


Labor Day
Monday, September 2nd
All locations closed.


Columbus Day
Monday, October 14th
All locations closed.


Veterans Day
Monday, November 11th
All locations closed


Thanksgiving Day
Thursday, November 28th
All locations closed.


Day after Thanksgiving
All locations are open regular business hours
Lobby - 9:00 a.m. to 5:00 p.m.
Drive-thru - 9:00 a.m. to 5:30 p.m.


Christmas Eve
Tuesday, December 24th
All locations open until 1:00 p.m.
Lobby - 9:00 a.m. to 1:00 p.m.
Drive-thru - 9:00 a.m. to 1:00 p.m.


Christmas Day
Wednesday, December 25th
All locations closed.


New Year's Eve
Tuesday, December 31
All locations open regular business hours
Lobby - 9:00 a.m. to 5:00 p.m.
Drive-thru - 9:00 a.m. to 5:30 p.m.


New Years Day (2020)
Wednesday, January 1st
All locations closed