The Small Business Development Center in Williston focuses on helping entrepreneurs start and grow their businesses throughout Northwest North Dakota.
In this episode, Keith Olson, Regional Director of the SBDC, shares how the program partners with local entrepreneurs through every stage of the business journey. Keith, Cyrena, and Anna dive into the tactical guidance the SBDC provides, from starting an LLC to accessing financing, and discuss who the program is best suited for.
Want to learn more about the Small Business Development Center?
Visit https://ndsbdc.org
Learn more about Williston Economic Development:
https://www.willistondevelopment.com
Chapters:
00:00 - Teaser
00:12 - Episode Intro
00:30 - Williston Works Podcast Intro
00:48 - Meet Keith Olson
03:01 - What is SBDC?
05:24 - Cyrena Weeks Role in SBDC
06:15 - How Does SBDC Help Launch Businesses?
07:47 - What is SBA?
08:55 - SBDC Demand
10:31 - What Types of Businesses Does SBDC Work With?
12:08 - Non-Profits
13:37 - Most Common Mistake
15:55 - Business Bookkeeping
17:52 - Williston’s Business Landscape
20:40 - How Does SBDC Help Businesses Navigate Challenges?
23:38 - The STAR Fund
25:30 - Advice for Long Term Success
29:50 - Continuous Support
32:05 - Closing Remarks