Funding and Building your Business

Access to capital is critical to the survival of many small firms across Montana.

A slumping economy affects many businesses, so it is crucial for a business leader to successfully guide their business through these demanding times. Join us for a panel discussion with Dr. Johnson and Dr. Goodwin as they share their experiences with difficult times and how they effectively led their companies through them.

Had Jack been told he was "off course" more often, he would have reached his goal faster.

With the unfortunate forecast of many small businesses going belly up, we wanted to provide a few strategies to help ensure that your business can weather the storm.

To help prospective entrepreneurs test the wisdom of their business ideas, I highly recommend one or more visits to their local Small Business Administration SCORE office.

"The first reaction is to cut, cut, cut, and advertising is one of the first things to go," says Wharton marketing professor Peter Fader, adding that as companies slash advertising in a downturn, they leave empty space in consumers’ minds for aggressive marketers to make strong inroads.

So, if you borrowed a copy from me, please return it. If you can’t drop it off at my house, then please mail it. If you can’t mail it, just let me know where I can pick it up.

In July 1993, Tom Siebel launched Siebel Systems, which made software for managing corporate sales staffs. The US economy was faltering, and the market for his product was new and untested. In other words, the timing couldn’t have been better.

In response to the credit crunch, SBA’s acting administrator, Sandy K. Baruah, announced loan-program changes to help the agency’s lending partners increase access to capital for small businesses.

Hiring the under-30, digitally savvy young workers who will be the next generation of managers requires adapting recruitment strategies to fit the demographic