04.03.2021 Views

Siouxland Magazine - Volume 3 Issue 2

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

Strong Resources to Help You Succeed.<br />

By Todd Rausch<br />

Strong Resources to Help You Succeed. Most people<br />

reading this are naturally strong individuals with a<br />

vision for their lives. If you are a business owner, you<br />

have the amazing internal strength to even launch<br />

a business. The question is, did you know there are<br />

strong resources to help you become even stronger?<br />

<strong>Siouxland</strong> <strong>Magazine</strong> | Grow/39<br />

To begin with, of course, I will talk about the SBDC.<br />

We are Federally and State Funded with one goal<br />

in mind, and that is to help you become successful<br />

in your business ventures. There are 1300 centers<br />

across the nation with 15 being here in Iowa, along<br />

with our State office.<br />

Our services are free!<br />

The center for this area is hosted by the truly amazing<br />

Western Iowa Tech Community College and my office<br />

is in the Corp. College building on campus in B113.<br />

Our phone is 712-274-6454 and our email is todd.<br />

rausch@witcc.edu.<br />

So, what can we offer? My answer is always the same,<br />

what do you need? Our primary focus is not on<br />

startups as many people think. Even though 30% of<br />

our time is dedicated to startups, we spend 70% of our<br />

time with existing businesses. We help them expand,<br />

access capital, and in many instances succession plan<br />

to exit their business.<br />

We do a lot of help with planning your business,<br />

whether it is a startup or an established enterprise.<br />

We do a lot of financial forecasting for our clients.<br />

We also do a lot of market research, not primary<br />

source meaning we don’t go around asking people<br />

questions. Ours is more database driven. We have<br />

access currently to four very good databases that can<br />

give us really solid numbers on markets.<br />

Also, amazingly sometimes, we are here only to be a<br />

sounding board. The last year especially we have been<br />

used simply to sound things out so an owner can talk<br />

an idea through. That is particularly rewarding as we<br />

encourage them to make decisions not on emotion<br />

but on strong data and judgment.<br />

One of the things we are most often used for is to<br />

connect owners with additional resources to meet<br />

their needs. Other resources in our area that are truly<br />

strong to help the small business owners include:<br />

Our awesome local Chambers of Commerce, The<br />

Small Business Administration, The USDA, The SEDC<br />

<strong>Siouxland</strong> Economic Development Corp., our local<br />

economic developers, our local Revolving Loan<br />

Funds, our private Banks who are the primary source of<br />

lending for small businesses. Local lawyers, CPAs, and<br />

Insurance Agents are also very helpful.<br />

Also, the Iowa West Coast Initiative is a wonderful resource<br />

to help you. Iowa Source link is truly an awesome resource<br />

to help people. They are out of UNI. Other resources<br />

include Venture School from U of I and Startup factory<br />

from ISU. Our three-pitch off competitions are also a<br />

good resource for grant money and sound advice. Those<br />

include Dream Big Grow Here, Swimming with the Sharks,<br />

and Innovation Market.<br />

That is a small list of 14 resources that you can immediately<br />

reach out to. You can be strong on your own. It is simpler<br />

to be strong with the help of others. That is what we exist<br />

for. Please, use us to help you succeed in 2021 in your<br />

business.<br />

Stay Strong in 2021.<br />

Todd Rausch, Regional Director for the Small Business<br />

Development Center at Western Iowa Tech Community<br />

College.<br />

America’s SBDC Iowa provides free, confidential,<br />

customized, professional business advice and consulting<br />

in all 99 Iowa counties to entrepreneurs.

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!