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Goldman Sachs: 10,000 Small Busineses

You built your business. We'll help you grow it. Goldman 10,000 small businesses Sachs Development of a practical growth plan Technical assistance What is Ongoing guidance from mentors Access to from advisors, local groups, and professionals capital with technical advice and guidance 100% 10,000 Small Businesses? Business and peers management education Education about products and services This program is designed for small businesses that are poised for growth. Through the program, small business owners are provided with a practical business education, a network of support, and access to capital they need to succeed. offered by banks 67% of new jobs in the United States are created A network of support Practical Access to by small businesses business capital 98% of businesses in the United States have fewer than 20 employees 8 education A Diverse Group Sole proprietors vs. partnership Business entities 55% 51% In the 10,000 Small Businesses program, you can share your business perspective and learn from your peers with unique business backgrounds. Started their business alone S-corporations | 25% 26% Had partners LLCS 19% Inherited or bought 16% C-corporations Why You? 47% 26-74 Family-owned Age range Your business is ready for growth, but perhaps you don't have the practical knowledge, contacts or capital you need to take your business to the next level, 10,000 Small Businesses can help. 47.8% 52.2% 2-102 Range of years in business High School GED to PH.D. Education range What's in it for You? Across the United States, 10,000 Small Businesses graduatesare increasing their revenues, expanding their networks, gaining more funding and creating new jobs in their communities. Main ШП Concerns of Small Business Owners 64% 80% 45% 258% 99% Regardless of their industry, most small business owners collaborated with fellow increased revenues added new jobs within 6 months of graduating while 18% of small businesses nationally added new jobs from July 2012 to July 2013. was the average increase in the amount of funding participants received from banks (from $287,180 before the program to $1,028,391 after). of those enrolled in 10,000 Small Businesses go on to graduate. within 6 months of graduating, while 37% of small businesses who participate in the program worry about the same things. nationally increased revenues from July 2012 to July 2013. graduates on new business opportunities, new contracts, referrals, or joint ventures. |31%| Finding and keeping customers 21%| Education for business growth Financing their business 16% Designed by Babson College, the nation's top-ranked entrepreneurship school, the curriculum focuses on practical skills that participants can immediately put into action within their company. Developing business strategy 15% Hiring and keeping good employees at a reasonable wage 10,000 Small Businesses helps you address all of these concerns. You and Your Business What stands in the way of growing your business? How should you measure Growing Stronger Your Personal your success? Plan of Action Where can you find growth opportunities? You present your growth plan and receive feedback to help you sharpen it and put it into practice. Special clinic: Understanding financial statements Being Bankable Money and Metrics Where can you find capital to grow? How should you prepare to successfully access that capital? What are your business's financials, and what is the best way to plan and monitor its future growth? Special clinic: You be the lender: What are the red flags lenders look for? 9 Classroom Sessions on Growing Your Business The curriculum is organized into 9 modules and 4 clinics, each of which includes classroom discussion, peer learning, and skill building exercises. Classroom activities are complemented by an integrated portfolio of business services, including one-on-one business advice and networking opportunities. 4 Step Aside to Lead 100% The Well-Wired What is your leadership style? How can you step out of the day-to-day so you can be free to work more strategically? Operation How can you improve workflow and logistics to grow your business? Special clinic: The dynamics of negotiation and creating value through collaboration It's the People Marketing and Selling Who should you hire and how can you build a positive culture for your business? Special clinic: What you need to know about employment law 90% How can knowing your customers and planning for your market help you to develop the right of 10,000 Small Businesses graduates would recommend the sales pitch? program to friends and colleagues 0% Is your business ready for what's next? 10,000 Small Businesses is available to small business owners across the United States. Applicants should be passionate about growing their business and creating jobs in their communities. Applicants that are selected for the education program will participate at no cost. Find Out HOW TO APPLY Interested? SOURCES: www.10ksbDFW.com; Golaman Sachs 10,000 Small Businesses: Take Your Business tot Why Choose 10,000 Smal Businesses? The top 5 reasons to apply; Babson College: Stimulating Small Business Growth: Progress Report on Goldman Sachs 10,000 Small Businesses Next Level; Goldman Sachs 10,000 Small Businesses: National Fact Sheet

Goldman Sachs: 10,000 Small Busineses

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Goldman Sachs 10,000 Small Businesses is a program for small businesses that links learning to action. Through the program, participants will gain practical skills in topics such as negotiation, marke...

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Goldman Sachs

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