Acquire Necessary Equipment and Materials

Acquire Necessary Equipment and Materials

Acquire Necessary Equipment and Materials

Why This Is Important

Identifying and acquiring the foundational equipment and materials for your venture is a vital step in getting a business off the ground and operational. The initial choices made when starting a business can have long-term impacts on operational systems, so it's crucial to select tools that offer flexibility as your venture grows.

How To Do This

Create a prioritized list of essential equipment and technologies, including hardware, software, physical space, and materials. Research cost-effective options, including used or refurbished items, open-source software, and shared resources. Develop a phased plan for acquiring these tools as your venture grows and finances allow.

Tips
  • Consider corporate sponsorships/partnerships that allow you to receive donated equipment.
  • Leverage free trials of software to test out tools before committing. 
  • Leverage volunteers and (paid) interns as much as possible.
  • Explore coworking spaces or maker spaces for access to shared equipment. 
  • Consider leasing options for expensive hardware to conserve capital.
  • Regularly reassess your needs and eliminate unused tools and subscriptions to save costs. 
  • Broker partnerships to barter, split, or share resources and materials with other innovators and organizations.
Resources
Digital Tool Library
Database
Small Business Alliance
Digital Tool Library
Database
Small Business Alliance
Makerspace Directory
Database
Makerspace
Makerspace Directory
Database
Makerspace
Tribal Broadband Bootcamp
Website
Waskawiwin
Tribal Broadband Bootcamp
Website
Waskawiwin
Tribal Resource Center
Website
Tribal Resource Center
Tribal Resource Center
Website
Tribal Resource Center