Let's Plan For Success
Starting a business can feel overwhelming, and we understand the challenges and uncertainties that come with it. At GLOWFIDENCE, we’re here to provide the guidance and resources you need to turn your vision into reality. Our Atlanta-focused roadmap is designed to support you at every step, connecting you with valuable tools, local mentors, and networks to set you up for success.
Identify Your "Big Idea"
Begin with a solid business idea that fills a gap in the market. Take time to research, brainstorm, and refine your concept.
Suggested Resource: Russell Innovation Center for Entrepreneurs (https://russellcenter.org/big-ideas/)
Community is Key
Connect with others who can guide and support you, offer networking opportunities, and share valuable resources. Joining professional networks and associations builds relationships that are essential for growth.
Suggested Resource: Atlanta Chapter of NBMBAA (https://atlbmba.org)
Plan for Success
Plan your business with a structured approach, including creating a business plan, setting goals, securing funding, and understanding local regulations and permits. Actionable Steps:
Write a business plan: Small Business Development Center (SBDC) - Georgia (https://www.georgiasbdc.org/) offers free and low-cost business planning support.
Seek funding options: Explore local funding sources like the Village Micro Fund (https://www.villagemicrofund.com/) or Invest Atlanta (https://www.investatlanta.com/), which provides grants, loans, and tax incentives for startups.
Obtain required licenses and permits: Use Georgia’s State Licensing Board (https://sos.ga.gov/) to find necessary permits and licenses for your industry.
Launch and Scale Your Business!
Access resources to help streamline operations, manage finances, and promote your brand effectively. Actionable Steps:
Set up an online presence: Create a website using tools like Wix (https://www.wix.com/) or Squarespace (https://www.squarespace.com/) or hire a designer for custom needs.
Track finances with accounting software you can count on: Options include QuickBooks (https://quickbooks.intuit.com/) or Wave Accounting (https://www.waveapps.com/) for small business finances.
Explore scaling opportunities: Goodie Nation (https://goodienation.org/) provides mentorship and resources for scaling businesses, particularly for diverse founders.
Community and Support Networks
Atlanta Chapter of
NBMBAA
Overview of the benefits of joining the Atlanta NBMBAA chapter for mentorship, networking, and resources.
Local Non-Profits for Black Entrepreneurs
Russell Innovation Center for Entrepreneurs (RICE): Focuses on empowering Black entrepreneurs with resources, community support, mentorship, and funding opportunities.
Village Micro Fund:
Provides business education, financial support, and community involvement for entrepreneurs in underserved communities, focusing on Black-owned businesses.
Urban League of Greater Atlanta:
Offers business and economic development programs aimed at supporting minority-owned businesses through resources, funding, and community engagement.
Goodie Nation:
Supports diverse founders, particularly Black entrepreneurs, by providing access to a powerful network, mentorship, and potential funding opportunities.
Atlanta Wealth Building Initiative (AWBI):
Works to empower Black business owners by providing financial support, training, and partnerships aimed at creating sustainable businesses in the Black community.
Operation HOPE:
Provides programs designed to foster economic empowerment through financial literacy, entrepreneurship training, and access to small business resources.