Guest Blog by the West Central Small Business Development Center
Small business owners play a crucial role in creating a vibrant, strong economy. Small business owners also have many hats to wear, such as CEO, CFO, COO, CMO, HR Director, and service provider. Being an expert in all these different areas is a very challenging endeavor, especially since many small business owners did not go to school for business. Small business owners are often faced with new concepts such as figuring out how to get a business loan, pricing, cash flow projections, business plans, and market research. The good news is that experts are available in the each of these areas to assist small business owners.
If you or a small business owner you know would benefit from speaking with a professional, business consultant, the local Small Business Development Center (SBDC) may be of assistance. The SBDC assists entrepreneurs and small business owners by providing business consulting at no cost. The no cost consulting is possible since the SBDC is a grant program funded in partnership with the Small Business Administration (SBA), local universities and colleges, state economic development agencies, and other local partners. The SBDCs are located in each state throughout the nation and have been providing consulting services for over 35 years. Locally, the West Central Minnesota Small Business Development Center is hosted by Concordia College Offutt School of Business and serves nine counties in West Central Minnesota. The Fargo SBDC is located at the NDSU Research and Technology Park. The SBDCs recognize the value in small businesses and strive to assist new and existing businesses with no cost consulting services in financing, marketing, human resources, and business planning.
Funded in part through a Cooperative Agreement with the U.S. Small Business Administration, Minnesota Department of Employment and Economic Development and regional support partners. All opinions, conclusions or recommendations expressed are those of the author(s) and do not necessarily reflect the program sponsors. Programs are open to the public on a nondiscriminatory basis. Reasonable accommodations for persons with disabilities will be made if requested at least two weeks in advance by calling 218.299.3037.