ND Small Business Development Centers
ND Small Business Development Centers

Powering the creation, growth, and success of small business in North Dakota.

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Advisor Knowledge Base

The Value of Mentorship In Running a Successful Business

Categories: Advisor Knowledge Base

Starting a business can be straightforward or more complex, depending on the size and nature of the business. Entrepreneurs opening a brick and mortar businesses have more steps to work through to get open. Securing a location, negotiating contracts, hiring employees, and obtaining financing takes time and energy. Smaller-scale businesses do not need many people, […]

Ideas for Conducting Market Research

Categories: Advisor Knowledge Base

Building a business plan typically requires thinking into four distinct areas: What am I selling, and why do people want to pay for it? (Value Proposition) Who are my target customers, and how many potential customers can I reach? (Market Research)? How do I provide my goods or services to my customers? (Operating Model) Looking […]