When it comes to business there is no straight path to success. You make some key decisions at critical points along the way. If you can consult with an experienced advisor you improve your chances for profitability and longevity. Our consultants have the education, credentials and many years of proven industry experience in many different fields.
About our Services
Each year UMD CED works with more than 900 of the 8,500 plus companies in Northeastern Minnesota, facilitating more than $20 million in loans, and assisting in the creation, retention, and stabilization of more than 3,000 jobs.
UMD CED has locations throughout Northeastern Minnesota to provide assistance close to where you live. Help can be as simple as answering a question about compliance over the phone or as comprehensive as having several one-on-one meetings with a counselor to turn your idea into a profitable business. Many of the services are provided at no cost, and all are aimed at helping you either start a small business or improve your current one.
UMD CED consulting programs provide one-on-one services to business start-ups and existing businesses focusing on feasibility studies, market research, business plan development, loan packaging, operational assistance, procurement assistance, manufacturing, management, problem solving, and information technology. Our programs include the Small Business Development Center (SBDC), the Natural Resources Research Institute (NRRI) Business Group, and the Student to Business Initiative.
UMD CED also offers business and computer workshops to businesses and entrepreneurs throughout the region to enhance the knowledge and increase the efficiency of area businesses.
UMD CED provides resources and services to businesses and entrepreneurs through its email newsletters, Focus Group Facility, in-house business resource center, and on-line website resources.
Areas of Expertise
One-on-One Consulting covers areas such as:
- Business expansion
- Starting a Business
- Feasibility analysis and studies
- Market Research
- Financial analysis
- Loan packaging
- Record Keeping systems
- Transition/Succession Planning
- Website development and analysis
- Software search and recommendations
- Hardware and network specifications
- Accounting software analysis
- Export Assistance
- Manufacturing assessment
- Research for value-added products