Do you have an idea for a business? Need assistance figuring out the right steps to starting your business? The Southwest SBDC's professional business consultants can help. We can help you answer the questions you have about starting your business, and provide additional resources to help your transition to business owner easier. We will help you prepare for the future and develop a road map to reach your business goals. We offer a large variety of planning tools to assist you when you develop your business plan. Tap into our market research databases to find the information you require to understand and know more about your specific industry. This includes market trends, best practices, and many more resources. Get the information you will need to make the right decisions that will drive your business growth. Market research will help you understand where your audiences and competitors are so you can market your business effectively online and offline. Our business consultants have longstanding relationships with lenders in their communities and understand their perspective and needs. In fact, many lenders require their borrowers to work with their SBDC before submitting a loan application. While the SBDC does not administer loans or grant programs, our consultants do help small businesses assess funding options and opportunities, identify financing sources, evaluate eligibility, and prepare documentation that lenders require. Our professional business consultants have extensive experience preparing loan packages, analyzing financials, and annual budgeting. Learn from your consultant to understand your financials (Profit & Loss, Balance Sheet, Cash Flow & Break-even Analysis) and what the numbers tell you. Utilize your financial statement to help identify problem areas and access the SBDC one-on-one business consulting to develop personalized strategies for solving those problems. Our professional business consultants can help you design strategies to grow your business. As you prepare for the future and develop a road map to realize your goals, we will help you optimize business performance and put you on the road to your business success. Our business consultants can discuss possible exit strategies with you and assist you as you begin planning your business succession. The SBDC can provide resources for the client who is currently in business and is seeking information on how to exit, sell or transfer their business successfully. It is never too early to begin this process.
Marshall, mn 56258
