Introduction

Your Local Business

Introduction

Being a Successful Business Manager-Entrepreneur - It Ain't Easy!

A Guide for Preliminary Decision Making for People Considering Starting a New Business or Making a Major Change in an Existing Business

When a community embarks on an economic development program through business Creation, Attraction, Retention, and Expansion (C.A.R.E.), the community's residents must evaluate both their community and strategic plan, and then implement needed community changes to help the program succeed. Success can be further facilitated if assistance is made available to manager-entrepreneurs considering to start a new business in the community (Creation), moving their business operations from another community or opening a local operation to complement operations elsewhere (Attraction), or strengthening and expanding existing businesses (Retention and Expansion). Such manager-entrepreneurs might require help evaluating the feasibilities of their ideas. The objective of this phase of the C.A.R.E. model is to help interested individuals evaluate whether it is worth it to start developing the skills and capabilities needed by successful manager-entrepreneurs and to utilize these skills and capabilities in business creation or expansion.