Helpful Resources for Inspired Entrepreneurs

These days, the world is brimming with entrepreneurs. From tech-savvy millennials committed to creating their own web-based businesses to experienced baby boomers eager to make their own schedules so they can spend time with grandkids, entrepreneurs come from all age groups and backgrounds. Their ideas for new businesses are diverse, but they all share at least one ideal: Each of them wants to be his or her own boss.

What does it take to chart your own course as an entrepreneur in today's complex, global marketplace? Money, for one thing-at least enough start-up funds to get going. New businesses require much more than just money, however, if they are to thrive. Branding, networking, marketing-these are just a few of the many keywords that every business owner must not only understand, but put into action. Thankfully, there are a multitude of resources available to help today's entrepreneur make his or her vision a reality.

Here are a few to look into:

• Small Business Administration Totally independent of the Federal Government, the Small Business Administration (SBA) strives to help small businesses thrive by offering such services as free counseling and technical assistance, business planning workshops, and even financial aid.
• The Lemelson Foundation Placing a special focus on entrepreneurs who are also inventors, the Lemelson Foundation draws attention to accomplished inventors, mentors young inventors, and distributes information that emphasizes the relevance of inventors and their inventions in our society.
• The National Dialogue on Entrepreneurship This organization has created a comprehensive website that is chock-full of papers, articles, and resources related to entrepreneurship. It's a great starting point for anyone thinking of starting-or running-his or her own business.
• The MIT Enterprise Forum Focusing on entrepreneurs working with technology, this forum has a network of 24 chapters around the world through which it offers educational programs about entrepreneurship. Any entrepreneur whose business is technology-oriented is welcome to join the community.
• Edward Lowe Foundation Many entrepreneurs are passionate about starting non profits. This is the resource for them. The Edward Lowe Foundation offers assistance to non-profit organizations working with second-stage business owners.
• SCORE Speaking of non-profits, SCORE is a non-profit organization designed to serve small businesses by promoting their formation, growth, and success. It offers small business owners free and confidential advice, as well as workshops and other tools for entrepreneurship.

For all of your small business insurance related questions, call or contact Litaker Insurance today.