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46 Replies Last post: Jul 24, 2008 2:43 AM by mademan24

what do I need to do to start a new optical business

Nov 25, 2007 12:11 AM

Click to view optmgr's profile Start-up optmgr 1 posts since
Nov 24, 2007
I am new to all of this business stuff, so I really need help.
I am a seasoned optician in the USA and have been a mgr. for over 4 years now. I am tired of working for someone and want to work for myself. I want to start my own optical business, and was wondering what do I need to do to get started (in any business)???
I have alot of ideas for what I want in my business and where I want it, I just need to research some locations for housing it. I have a lab that will process my orders, as well as I have the availability of getting frames and contact lenses. I am just now sure what I need to do.
Where can I get grants, how do I put together a business plan, how do I market myself and my business??? Any suggestions and comments are extremely WELCOME!!!
Thanks
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Click to view BDS INC's profile Founders BDS INC 131 posts since
Jul 20, 2007
1. Re: what do I need to do to start a new optical business Nov 25, 2007 10:28 AM
in response to: optmgr
Well it definitely sounds like you have the right attitude. My first suggestion is to develop a business plan. Sounds like you have many of the components already but you need to put it down on paper. Some of the folks on the board are from SCORE and the SBA could help you out with that.
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Click to view Lighthouse24's profile Mogul Lighthouse24 2,396 posts since
Oct 10, 2007
2. Re: what do I need to do to start a new optical business Nov 25, 2007 11:25 AM
in response to: optmgr

Here's a link to the SBA's on-line business planning outline -- it should help you get started:

http://www.sba.gov/smallbusinessplanner/index.html

For a new enterprise like yours, I would modify the outline to include separate Operations and Marketing sections. The Operations plan would describe how you intend to run the business, and the Marketing plan would describe how you will build a customer base. I'd also modify the Financials section to include a detailed sales forecast and monthly cash flow projection for the first year, and a personal financial statement (if you have good credit and liquid assets).

Once you begin this detailed planning process on paper, you can ask specific questions of a SCORE counselor, a business consultant, or even this community that will help you move forward quickly.


Best wishes!

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Click to view Lighthouse24's profile Mogul Lighthouse24 2,396 posts since
Oct 10, 2007
3. Re: what do I need to do to start a new optical business Dec 11, 2007 3:20 AM
in response to: optmgr

Just checking back . . . was that site helpful? Any progress toward your own business? Thanks!
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