2012 Economic Impact Highlights
As a direct result of SBTDC counseling assistance in *FY 2012:
• 222 new jobs were created
• 242 jobs were saved
• 25 new businesses were started
• Capital formation was $9.6 million
• Incremental gross receipts were $23.8 million
*October 1, 2011-September 30, 2012
Identifying and obtaining capital, improving cash flow, developing marketing strategies, streamlining recordkeeping processes, updating business plans and conducting market research are some of the areas in which existing business owners may need assistance. Additionally, purchasing an existing business or franchise often presents a unique set of challenges for entrepreneurs. With confidentiality guaranteed, our business advisors work one-on-one with clients to develop strategies that address their specific needs and concerns and to formulate sustainable plans for the future.
DSBTDC prides itself on its clients’ success. Last year, DSBTDC clients experienced sales growth 10 times greater than the average for Delaware. A variety of training classes and programs for established business owners are offered throughout the year and can be taken in conjunction with advisement services. Current offerings include the Business Development Network, an intensive business coaching and networking program and electronic and social media marketing classes.