Local businesses have a litany of resources at their disposal thanks to Small Business Development Centers throughout the state.
The centers offer free access to capital, loan packaging, financial analysis and assessments, accounting systems and literacy, marketing and research, marketing plan development, feasibility analysis, startup assistance and business plan development.
The centers, offered through the U.S. Small Business Administration, operates a state office and more than 15 satellite centers. Regional offices in Minnesota are in Bemidji, Brainerd, Duluth, Mankato, Marshall, Minneapolis, Moorhead, Rochester and St. Cloud.
SBDC State Director Bruce Strong said the organization is aware of the importance that a business plan have on smaller organizations. He compared Small Business Development Centers to a typical brick-and-mortar business.
The roundtable was convened by Minnesota Department of Employment and Economic Development Commissioner Steve Grove and Strong. They were joined by members from the SBDC Advisory Board, and small businesses owners from across the state who have received SBDC assistance.