Entrepreneurial Resident Program Application

Name:

Phone:

Title within company:

Email:

Company Name:

Tax I.D. #:

Year Company Formed:

Address:

City:

State:

Zip:

Nature of Business:

Is this a new or existing business?

Is this business profit or non-profit?

Do you have insurance for your business?
If no insurance, will you be able to secure it before moving into the building?

Legal Structure:
Partnership    Sole Proprietor    LLC    Inc       Other

If you are currently leasing office space, what is the name and telephone number of your current landlord?

What OSBN services would your business require (please check all that apply):
Entrepreneurial Training (Develop business plan or other classes specifically related to entrepreneurship)
Entrepreneurial Business Services (BTC: copy, fax, conference/training room, access to bldg after business hours, furniture, mailbox)
Small Business Loan

Date Space is Needed:

Space Needed:

Will your business generate enough revenue to sustain itself during the first year of occupancy? Explain below.

How will you pay monthly business expenses if your business does not generate enough revenue to sustain itself?

Are you prepared to pay the deposit and first month’s rent?

Do you have a business plan?
If yes, please email to
info@osbntc.org, If not, please complete the questions below.

Business Plan Questions

1.  Do you have the skills needed to run this business?

2.  Do you know what help you will need and where you will find that help?

3.  Do you have the time required to learn what you need to know?

4.  Can you afford the money needed to hire staff or to pay consultants?

5.  Are you genuinely interested in this particular business?

6.  Are you committed to the business’s success?

7.  Are you willing to devote the time needed to develop a successful business?

8.  Does this business fill an unmet need?

9.  Is there a sufficient consumer demand to support your business?

10.  Can you effectively compete in the marketplace?

11.  Will you be able to understand your business financial statements such as cash flow, profit and loss, and balance sheet?

12.  Are you developing a business plan that you can use throughout the life of your business?

Personal Assessment

List 3 Strengths:
#1

#2

#3

List 3 Challenges:
#1

#2

#3