Friday, March 20, 2009

Sole Proprietor Doesn't mean "Lone Proprietor"

What does it mean to own and operate a small business? Some well intended entrepreneurs believe it is merely possessing a product or service, obtaining a place to conduct business, getting a few starter customers, hanging a sign, unlocking the door and declaring you’re in business. Of course this description is oversimplified, but the fact of the matter is operating a business is tough work; especially in times of economic challenge and in an increasingly competitive global market.

As a technical assistance provider, the Business Information Center at The Martin Luther King, Jr. Business Empowerment Center has the exact expertise and resources to assist small business owners gain a competitive advantage and execute sound strategies. At every stage in the business life cycle, there are needs which can be addressed through sound business planning. Perhaps your business is in the pre-venture or start up phase; our library is full of sample business plans to assist you in developing and mapping out your vision.

Maybe your business is in a growth phase; we can help you determine an economic forecast through fixed and variable cost analysis and assist you in determining what the optimal amount of output is for your growth and where you would begin to have diminishing returns if you grew too quickly. Maybe your business is in survival mode and you need access to financing. As the only technical assistance provider in Central Massachusetts that partners with lenders in the SBA Community Express Loan Program, we can help you gain access to financing. Our partner lenders know that businesses that go through the Community Express Loan program will receive quality technical assistance pre and post loan dispersal to keep their businesses successful.

Our services are as varied as your needs. Please browse through our website and contact us for further information regarding how we can assist you. You may the sole proprietor of your business but you certainly do not have to be in business alone!

Committed to your business success,

Felicia Riffelmacher,V.P. Statewide Business Development


No comments:

Post a Comment