Rochester Community and Technical College - Rochester, Minnesota

 

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SE Minnesota
Small Business Development Center


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2012 MnSBDC Annual Report
2011 MnSBDC Annual Report


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SE Minnesota Small Business Development Center (SBDC)


 

Managing and Growing Your Business

Everyday small businesses are faced with decisions about managing operations to keep up in competitive markets. At the SBDC our consultants will help the business owner evaluate the company’s strengths and weaknesses to help the company grow and maintain profitability. Too often we see businesses grow at a rate that outstrips their short or long term cash flow position, and subsequently struggle with trying to fulfill obligations without the necessary financing.  Additionally, when sales decrease and expenses are increasing, our consultants can assist the business owner in creating a plan to re-position the company to weather the storm and survive the economic down- turn.  Below is a list of a few of the various projects the SBDC can assist you with:

  • Budgeting
  • Marketing
  • Managing accounts receivable
  • Managing Inventory
  • Purchasing new equipment and buildings
  • Addition of new products
  • Refinancing existing debt
  • Does your company have too much debt
  • Increasing working capital (cash on hand)
  • Leasing equipment vs purchasing equipment

 

Any time the business owner wants or needs to make a change to their business, careful planning is essential to building a success and profitable business.  Simply call or e-mail using the contact information on this page. We look forward to hearing from you soon.