Every business begins with an idea — and a little courage. Whether you’re opening a storefront downtown, launching a home-based business, or expanding a family operation, you don’t have to navigate the process alone.

The steps below will help you move from idea to opening day, with local guidance available at every stage.

The most valuable thing a new business owner can do is talk with someone who’s walked the path before. Before filing paperwork or signing a lease, connect with an experienced advisor.

Before filing paperwork or signing a lease, talk with someone who understands the startup process. One-on-one business counseling can help you clarify your idea, avoid costly missteps, and prepare for what comes next.

Matt Dean – SBDC Greenwood Office

• Free, confidential business counseling
• Business planning & financial projections
• Startup strategy & lender preparation

Additional support can be found through:

• SCORE Volunteer Mentors

• SBA Resource Partners

A thoughtful plan builds confidence and helps you make informed decisions about structure, location, and funding.  Use these tools to strengthen your foundation:

• • • SBA 10-Step Guide to Starting a Business
    • IRS Small Business Start Guide
    • 2018 City of Abbeville Market Guide

Once your idea is solid, it’s time to formally establish your business. If you are unsure which structure fits your goals, speak with a counselor before registering.

☐ Choose a business structure
☐ Register with SC Secretary of State (if required)
☐ Register with SC Department of Revenue
☐ Obtain EIN from IRS
☐ File through SCBOS portal to streamline filings

Before opening your doors, make sure you understand local licensing and zoning requirements.  Requirements vary depending on what your business is and where it is located.

• State LLR requirements (for regulated professions)

• SC Department of AG Registration (restaurants)

• Guide for SC home-based food production

Local business incubators that provide space and mentorship.

5,000 sq ft manufacturing + 100 sq ft office
3-5 year lease
Lakelands Commerce Park

When you are ready to seek financing or explore incentives, preparation matters. Most lenders and funding programs will expect:

• • A complete business plan

  • Financial projections

  • Personal financial statement, inculding credit history

  • Cost estimates for equiptment and rennovations

Funding conversations go much more smoothly when you are prepared. You can explore local grants, loans, and incentives on our Funding page.