How can entrepreneurs make their business vision a reality?

How can entrepreneurs make their business vision a reality?

On Behalf of | Nov 2, 2012 | Uncategorized |

Hoping to provide one Louisiana with a new and unique place to buy locally-sourced meats, the Cleaver & Co. butcher shop made plans to open its doors. The owners, who met while in a master’s degree program, determined that starting a business together was the best way to fulfill their career goals.

The business partners decided on a particular market to target and picked their location carefully, indicating that no other vendors in the area will be proving the same experience they hope to create.

In addition to the range of meats, they hired a team of three butchers, all with restaurant backgrounds. Their expertise will hopefully contribute to creating a knowledgeable staff capable of getting the customer what they need. This is another vital and well thought out aspect of this particular business plan.

The story of this local business’s road to opening can be a lesson to others considering opening businesses. Finding a good location, hiring a dedicated staff and preparing well in advance can all aid the successful beginning of a new business.

Yet there are legal issues that could help or hinder the success of a small business based in Baton Rouge. Some requirements include ensuring that the new business complies with all local and federal regulations or that the business is properly registered to do business in the state. These regulations can often be complicated and can require the assistance of an experienced business lawyer who understands the nuance of the process.

While these legal needs may not be immediately apparent to entrepreneurs or as engaging as making a dream a reality, they can make or break the long-term survival of a business.

Source: The Times-Picayune, “New whole-animal butcher shop set to open on Baronne Street,” Judy Walker, Oct. 25, 2012