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Small Business

Build your bottom line with these resources. Our focus is to help North Dakota small business owners start, grow and prosper. Check for new information both below and in the "What's New" highlights. And don't forget to follow us on social media.

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Building a Sustainable Business

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Photo (CC) by One Way Stock, on Flickr
A sustainable business starts by solving a problem. It also must be affordable. And none of this matters if people can't find you. These are just some of the steps you need to cover if you want to stay in business over the long run. Read more.

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It's Never Too Late for Planning

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Photo (CC 2.0) by Jurgen Appelo, on Flickr
We just passed into a new year, a time when many people make resolutions. It is also a time that many small business owners also make plans for the upcoming year.  I hope you did.  But it's never too late to plan. So if you haven't looked ahead yet, these tips will help you think about the future. And after your planning is done, you have two big challenges ahead: #1 - Putting it into action; and #2 - Checking back occasionally to see how you are doing. Learn more here.

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Entrepreneurs are Made, Not Born

Riverbound FarmThere is a myth that you need to be born an entrepreneur. Nothing could be more wrong.  Yes, certain traits help but everything that a successful business owners needs can be learned. Check out how.

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Success = Storytelling + Satisfied Customers

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Photo (CC 2.) by Chris Potter, on Flickr
People going into business are aiming to be successful. Yet success is difficult to achieve as up to 80% of businesses end up closing their doors within the first five years. To help you make it, you need customers who return and you need to tell your story. Read how here.

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Tips for Getting a Small-Business Loan

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Photo (CC 2.0) by GotCredit, on Flickr
Everyone would like some free money to help them get their business up and running as well as for times when the cash just isn't coming in.  Yet there is little of that around. The reality is you will need to put your own money into the business plus you probably will be visiting your local banker for loans several times. So start early in developing a relationship with your business banker.  Do your homework.  And avoid some of these common mistakes. Read more here.

 

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