Entrepreneurship Archives - America's SBDC

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Prepare for Profits – 2025, Part 1 Your Cost Structure May Never Be the Same

December 23, 2024

By Barbara Nuss, CPA
Founder, Profit Soup

Many entrepreneurs recall being caught off-guard when pandemic-inspired business interruptions, labor challenges and supply chain disfunction wreaked havoc with cost structures. How could you see that coming? Nobody could. Not the case today. Astute planners contemplating their goals and budgets for 2025 are already factoring in how pending National policies could impact their cost structure.

What Does Your Crystal Ball Say?

A few key uncertainties have me wishing for a crystal ball. One that could see through the post-election politicizing of important topics. I’d know how to predict the cost impacts of changing labor policies, possible tariffs, housing supply and demand, and deportations and immigration’s effect on labor supply. Unfortunately, I do not have such a crystal ball, so I will do the next best thing; guess, and hedge my bets by paying attention and staying nimble.

From Empty Beehive to Thriving Family Business: A Success Story

December 16, 2024

In the heart of rural entrepreneurship, Susan and Glenn Scott’s journey with Honey in the Hollow Bee Farm exemplifies the power of passion, perseverance, and strategic business support. What began as a simple gift of an empty beehive would soon blossom into a flourishing family enterprise that demonstrates the transformative potential of small business growth.

A Humble Beginning

Glenn Scott, an auto technician, and Sue, deeply committed to homeschooling, shared a dream of owning their own business. The unexpected gift of an empty beehive became their catalyst for entrepreneurship. Initially, they operated from home, with bees buzzing in their backyard, selling their honey products directly to local customers.

Blooming Success: How the SBDC Helped Taylor Flower Patch Grow

December 10, 2024

At Taylor Flower Patch, our story is one of passion, perseverance, and the power of community support. I’m Jenny Campbell, co-owner of this beautiful flower farm nestled in the heart of Taylor, Mississippi, just south of Oxford. Today, I want to share how the Small Business Development Center (SBDC) transformed our dream into a thriving reality.

From Hobby to Business

Gardening has always been more than just a hobby for me—it’s a way to connect with the earth and bring joy to others. When my husband and I purchased our property, we knew we wanted to create something special. With encouragement from my husband and sister, I began to see the potential of turning my love for flowers into a sustainable business.

Woman Entrepreneur Builds Successful Construction Business with SBDC Help

October 17, 2024

As we celebrate National Women’s Small Business Month, it’s inspiring to highlight the journey of women entrepreneurs who are making their mark in traditionally male-dominated industries. Today, we’re shining a spotlight on Theresa Ortiz, the founding principal of 2bn contracting, whose story exemplifies the power of determination, expertise, and strategic planning in building a successful woman-owned business.

From Project Manager to Business Owner

With over 20 years of experience in commercial construction, including 12 years as a project manager, Theresa Ortiz recognized a significant opportunity. She observed firsthand the growing demand for woman- and minority-owned suppliers and subcontractors in the construction industry. This insight and her passion for helping others excel led her to embark on the journey of creating her own consulting and contracting business.

Young Entrepreneurs Breathe New Life into Historic Vermont Art Gallery

October 15, 2024

For nearly 35 years, Robert Paul Galleries has been at the heart of Stowe’s thriving community of artists and art lovers alike. So when the original owners retired in May of 2023, young entrepreneurs and longtime residents Jack H. Morris and Alexandra B. Weathers embraced the opportunity to purchase the business, building upon a legacy of connecting artists from around the world to Vermont’s largest town.

At only 22 and 23 years old, Jack and Alex set out to operate this creative establishment with three specific goals in mind: to bring people together through art; to have a strong presence in Vermont’s developing art scene; and to create an experiential gallery featuring both emerging and seasoned artists.