The U.S. Small Business Administration (SBA) states:
Seven out of 10 new employer firms survive at least 2 years, half at least 5 years, a third at least 10 years, and a quarter stay in business 15 years or more.

What Makes the Difference? What Can You Do?
Factor

Degree of Preparation 


Use of advisors 

Business Education 
 

Expectations of Income
Successful Businesses

Spent 6-10 mo. in research


90% used professionals

70% took business classes & read professional literature

More than half said they started with modest expectations and were prepared to be patient for signs of success
Failed Businesses

Spent less than 4 mo. preparing for start-up

25% used professionals

10% read professional literature

36% fully expected to make barrels of $$$$
Why? The real value of creating a business plan lies in the process of researching and thinking about your business in a systematic way.

The planning helps you think things through thoroughly. Using study and research if you are not sure of the facts. It makes you look at your ideas critically. It takes time now, but avoids costly, perhaps disastrous, mistakes later.

March 6 & 13: 6:30-9:00PM


Next Biz Plan Class: May 8: 9:00AM - 2:00PM



Click HERE for Training Calendar
More Classes, More Info & To Register
Meet the Instructor
Wynne Briscoe
SBDC Business Consultant will facilitate Building a Successful Business Plan on March 6 & 13.

Wynne is a native of St. Mary’s County, an entrepreneur since the age of 7 and a forward thinking business pioneer. She is a graduate of University of Maryland with a Bachelor’s Degree in Criminology and Criminal Justice, Minor in Business and Concentration in Business Law.

Wynne has 30 years of entrepreneurship and business ownership experience to include retail, professional services, technology and manufacturing. Through 15 years of successfully consulting with entrepreneurs, businesses and non-profit organizations, she is known for her creativity and innovation in the development of new businesses by offering in-depth experience and assisting them from concept to profitability.

As a Licensed Maryland Real Estate agent for 10 years, she has assisted businesses with commercial leases, purchases and site locations. Wynne is the Vice Chairman of the St. Mary’s County Economic Development Commission and is highly engaged in the Southern Maryland community.

Wynne was one of five Honorees that were awarded the Governor's citation recognizing small, minority and women-owned businesses at the February 28, 2017, Governor's Office of Minority Affairs workshop entitled Ready, Set, GROW! read more
TOMORROW'S SUCCESS STARTS TODAY - FEB 23 - Read Again
Attention Business Owners - News Releases - sent - FEB 16 - Read Again
Choc-a-lot from SBDC - We Love Small Business - sent - FEB 11 - Read Again
The Free Resource Your Business Is Overlooking

article written
March 22, 2017  
by Gerri Detweiler  


Amy Cantin and Larinda Rainwater had been travel agents for over 20 years. . . .They knew the logical next step would be to open their own travel agency, but that prospect was intimidating. . . .  “We knew how to sell travel but we didn’t know how to run a business,” says Cantin, echoing a common dilemma many would-be entrepreneurs face. “It was scary,”

Fortunately, a friend referred them to the Arkansas Small Business Development Center, where, for nearly a year, they worked with business consultant Robert Bahn to develop a plan for their business and prepare to go out on their own.     read more . . .

Ellen Flowers-Fields | Regional Director |    Email
Lisa Creason | Program Assistant for Region |    Email     
Bill Hitte | Business Consultant Charles County |    Email
Kathy MacAdams | Business Consultant Calvert County |    Email   
Wynne Briscoe | Business Consultant St. Mary's County |    Email
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