Cover: Planning a Small Business.

Planning a Small Business.

Published 1971

by Tiina Repnau

Purchase Print Copy

 Format Price
Add to Cart Paperback5 pages $20.00

A summary of ideas that may be useful in seeking new contracts and preparing proposals. Coming from a seminar on "How To Start and Operate a Small Business," the author outlines 5 main points: plan the product; research the market; assemble the team; create the business plan; and sell. Raising money takes time; as a rule of thumb, allow 15-18 months: 12 months to build with the venture capital, and 3-5 months to get new money. 5 pp. (SM)

This report is part of the RAND paper series. The paper was a product of RAND from 1948 to 2003 that captured speeches, memorials, and derivative research, usually prepared on authors' own time and meant to be the scholarly or scientific contribution of individual authors to their professional fields. Papers were less formal than reports and did not require rigorous peer review.

This document and trademark(s) contained herein are protected by law. This representation of RAND intellectual property is provided for noncommercial use only. Unauthorized posting of this publication online is prohibited; linking directly to this product page is encouraged. Permission is required from RAND to reproduce, or reuse in another form, any of its research documents for commercial purposes. For information on reprint and reuse permissions, please visit

RAND is a nonprofit institution that helps improve policy and decisionmaking through research and analysis. RAND's publications do not necessarily reflect the opinions of its research clients and sponsors.