unleashing
national impact
igniting local
transformation
Making a business plan, understanding cash flow projections and realizing that traditional financing was not going to be an option.
"When I decided to move my business to Bozeman, I had only been in business for just under a year. To make sure my business flourished, I reached out to the Bozeman SBDC for counselling in hopes of being able to qualify for a loan with a traditional lender. Kristi helped with making a business plan and provided guidance for cash flow projections."
The Bozeman SBDC pursued a loan through Prospera and Kaylynn was able to secure a loan for the business to start in Bozeman. The SBDC also helped Kaylynn understand cash flow projections and creating a business plan by showing her a template and giving her professional guidance.
Due to the hard work from Kaylynn and the SBDC, the Gallatin Valley now has another licensed denturist to help bring smiles to the community. For the patients, wait time has been cut in half and patient care is personalized and judgment free. With her eye for achieving natural characteristics for each person, patients are now getting top-notch care.
During the process of setting up her business, Juli ran into some challenges. she found that crafting a business plan was difficult and most importantly, she didn't know where to start. After completing the business plan, she ran into another road block, finding the funds. She reached out to the SBDC to ask for directions on where to look for the appropriate financial institutions. Lastly, she realized that she needed help building a business strategy, so she turned to the Great Falls SBDC for guidance.
"The impact of working with Rich and his team was huge for my business. The knowledge and resources they provided made the process easier and left me feeling confident that I had produced a strong business plan."
Thanks to the SBDC, Juli was given extensive guidance and feedback on her business plan. In addition, Rich Gannon, Business Advisor, pointed her to the right financial institutions to secure the funding she needed to get a down payment for equipment and to open her businesses quicker than expected. The Great Falls SBDC also helped her get LivePlan (a sophisticated tool for refining and executing her business strategy).
Since its opening in 2024, The Cage has provided a much-needed practice space for local athletes and contributes to the development of baseball and softball in Great Falls. With the creation of new jobs in the area, The Cage can now provide opportunities for athletes five days a week.
When Cheryl Bjorgen started the process of buying North Post, she was excited about the opportunity, though, unsure about the process of buying a business. On top of buying the business, Cheryl found it challenging to create a solid business plan. With these factors in mind, she reached out to the Wolf Point SBDC for guidance.
"Thanks to Quincy and the support of the SBDC, we have realized our dream of owning a successful business. North Post continues to thrive, and we are grateful for the guidance and support we have received along the way."
The SBDC guided Cheryl through the process of buying the business. They helped her craft a solid business plan and were available to answer questions and offer advice. Even after the purchase was complete, the SBDC has continued to support Cheryl. They informed her about training opportunities and grants that could benefit the business, such as QuickBooks training sessions. The SBDC's ongoing support has been invaluable as they navigate the challenges of owning and operating North Post.
Since the reopening, Cheryl and her family have been a staple in their community. With their focus on being your one-stop shop, North Post has become known as "more than a sports store."