A recent survey by the US Small Business Administration (SBA) showed that fully 85% of small businesses fail within the first year. Of these failed businesses more than three quarters got no professional advice before starting out. Contrast this to successful businesses who used professional support around 90% of the time.
Frederick’s entrepreneurs and small business owners now have an additional resource to help them navigate the issues of business start-up. The Small Business Development Center (SBDC) offers comprehensive business training classes, one-on-one business counseling services, market development assistance and access to start-up funding sources all at no cost to Frederick Entrepreneurs and Small Business Owners. Whether you are just starting your own business or looking to expand the SBDC is here to assist you.
You can reach Rob to discuss your business issues or plans at rbower@umd.edu or (240) 524-1775.