Your Online Resource for Value-Added Food Processing Assistance See the Brochure for our Workshop Scheduled for April 24, 2008

Food Entrepreneurship Engagement Program

Business Planning
Linda Wood, Regional Director of the Southwestern Indiana Small Business Development Center explains Business Planning: An Introduction to Starting a Specialty Food Business in Indiana.

Are you ready to plan your business? There are several kinds of business structures such as sole proprietorship, partnerships, and corporations. A feasibility study will need to be started with determination of how various factors will affect the business. A business plan is necessary before proceeding with further development of the product. Other factors that need to be considered are capital and funding for your venture, accounting and record-keeping parameters, insurance and permits required, and any zoning issues. Finally, what will be the return on investment?

National and state governmental resources for business development:
 
Indiana Business Facts
Guide to Doing Business with INDOT
Business Owner's Guide to State Government
Secretary of State's Guide to Starting a Business in Indiana
Business Development in Indiana
Indiana Small Business Development Corporation
U.S. Small Business Administration
U.S. Bureau of Economic Analysis
U.S. Department of Agriculture - Rural Development

Purdue University Department of Food Science 745 Agricultural Mall Drive West Lafayette, IN 47907-2009 USA Phone: (765) 494-8256

Food Science Extension Contact: Dr. Kevin Keener