It is important to note a small business owner is not necessarily an entrepreneur. It is also important to note that new jobs and growth in our country primarily come from small businesses.
The SBA is a constant source of information and support for small business owners. Students should be encouraged to visit the site often and get to know it well. SBA is a source of networking, information, grants, and resources which may make the difference in being a successful owner or shutting down.
SBDC is another source available to entrepreneurs and small business owners. Many cities will have both SBA and SBDCs.
Incubators are another source of support. Owners who use all resources available to them tend to be more successful as is shown by the higher rate of success. Many times universities have Incubators to assist entrepreneurs.
There are many myths about small businesses and their success or failure. Here we set out to disspell the more popular myths.