"I do not think much of a man who is not wiser today than he was yesterday." ~Abraham Lincoln
The Small Business Development Center at Snow College is committed to a consistent yet individualized approach to meeting the needs of every client by following a 10-Point Entrepreneurial Plan as a consulting guide. The ten strategic dimensions include:

The 10-Point Entrepreneurial Plan also allows us to work together to effectively develop and follow an individualized consulting plan - your path to success!
10-POINT ENTREPRENEURIAL PLAN
1. Entrepreneurship
Understanding Entrepreneurship, Entrepreneurial Thinking, Generating Ideas and Innovations, Defining Vision, Building Mission Statements, Setting Goals, Identifying Resources.
Whether your wondering what "Entrepreneur" means or already know and have been one most of your life, we can help you learn what you need to know, or better use what you already know!
2. The Planning Process
Evaluating Concepts, Conducting Demographic Research, Determining Market Demand, Identifying Barriers to Entry, Writing the Business Plan, Taking Ideas and Inventions to Commercialization, Setting Milestones.
Bounce your idea off someone else! Whether you're thinking about going into business or you're already up and running, a business plan can make a huge difference in your success.
3. Competitive Marketing Strategies
Identifying Industry Trends, Focusing on Target Market, Accessing Competition, Positioning, Identifying a Niche, Branding, Setting Sales Goals and Market Objectives, Building Public Relations, Managing Customer Relationships, Guerrilla Marketing.
Wondering what a "niche" is? What is "guerrilla marketing" anyway? Many components play into a competitive marketing strategy. Let our consultation help you with an organized and effective approach, or take advantage of our marketSMART.
4. Legal Aspects
Selecting Legal Structures, Understanding Government Regulations and Taxes, Protecting Intellectual Property, Entering into Contracts and Leases, Writing Non-Disclosure Statements.
The USBDC cannot replace an attorney, and you should seek legal advice when appropriate. We can help you understand the basics, help you know what questions to ask and point you in the right direction.
5. Financial Management and Analysis
Accessing Proper Capitalization, Understanding Business Accounting, Establishing record-keeping and Controls, Understanding Financial Statements, Managing Cash flow, Financial Analysis, Developing Accurate and Useful Financial Forecasts, Understanding Stock Issues, Building Real Net Worth, Understanding Business Valuation.
In the world of business financial lessons are much less painful when learned on paper instead of in your bank account! Find out what you need to determine, how to make these determinations and why they are useful. Accounting really is the language of business. . . Learn it!
6. Risk Management
Minimizing Downside Loss Potential, Understanding Legal Structure Options, Business Name Registration, Licensing, Tax ID Numbers, Compliance Issues, Business Ethics, Understanding Business Insurance, Establishing Business Succession and Estate Planning.
Although it is often not the first thing an business owner thinks of, many risk management issues are both basic and easy to understand. On the other hand, some are fairly complex. Let us help you see what you can do to better manage risk in your organization. (Note: The USBDC cannot replace an attorney. Seek legal advice when appropriate.)
7. Operational Management
Defining Customer Service, Developing Communication Systems, Establishing Policies and Procedures, Controlling Costs, Understanding Purchasing Practices, Warehousing, Inventory Control, Finding Suppliers, Establishing Work Flow and Best Practices.
Operating smoothly and efficiently is important for small businesses whether they have two employees or 102 employees. It is also a challenge! We can help you meet the challenge. Some of our training events are also very useful in providing help for this area of need.
8. Technology Issues
Understanding E-commerce and Internet Marketing, Leveraging and Integrating Technology for Productivity, Maintaining Technological Advantages.
Technology issues surround every aspect of the business world today. Do you understand them? Do you feel overwhelmed? Are you taking advantage of the many opportunities that technology may afford your business?
9. Managing Your Business
Managing Human Resources, Establishing Employee Management Training, Developing Team Building, Identifying Entrepreneurial Leadership, Managing Vision, Aligning the Organization.
How well do you utilize your most valuable assets, your people? How well do they contribute to your success? Do they share your vision? Do you have a vision? Wondering, "What is my vision anyway?" We can help!
10. Growth and Exit Strategies
Development of Growth Strategies, Understanding Franchising, Identifying Import/Export Opportunities, Understanding Buying/Selling/Megers/Acquisitions/Options, Identifying an Exit Strategy, Managing Debt vs. Equity, Developing Negotiating Strategies, Making the Transition to a Large Organization.
Planning to grow? Growing without a plan? Growing your business and harvesting your investment can be both exciting and hazardous. Let us help you successfully navigate this aspect of your business venture.
Funded in part through a cooperative agreement with the U.S. Small Business Administration. Reasonable accommodations for persons with disabilities will be made if requested at least two weeks in advance. Contact Jamee Wheelwright, 150 East College Ave. Box 1019, Ephraim, Utah 84627 or call (435) 283-7376.