Don Fischer, Director of MSSBDC, said that the seminar, held in the Procurement Building at 1:00 p.m., will teach the development of successful small businesses by breaking the process down into smaller, more manageable steps.
"Half of small businesses fail in the first year," Fischer said.
"The biggest [cause of] failure is a lack of management skills and lack of an excellent business plan," he added.
However, 90 percent of small business owners who have attended the programs offered by MSSBDC have succeeded, Fischer explained.
According to Rhes Lowe, who attended Fischer's seminar and is now the owner of successful restaurant Market Rhes, "The hardest part is the best part."
During the seminar, Fischer will outline a successful business plan and give financial information necessary to process a loan.
Unlike the late night television commercials about starting your own business, which Fischer refers to as a "scam," the MSSBDC offers plans and keys to developing management skills, business plans, and good controls required for the success of a small business.
The seminar is free for those who pre-register. For more information, visit mssbdc.org and click on workshop.
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