UWSP Group speaks at New London Town Meeting
By Robert Cloud
Representatives of the Small Business Development Center (SBDC) addressed the New London Economic Development Committee on Tuesday 25 October.
Patrick Gatterman, director of the center, said the SBDC has offices on every University of Wisconsin campus in the state.
It is associated with the University of Wisconsin-Stevens Point.
SBCD helps small business owners develop business plans, for start-ups, business expansion or entering new markets.
Although Gatterman described business plans as “our bread and butter,” he said SBDC is best known for its business courses and entrepreneur training programs.
SBDC offers in-person courses on hiring strategies and online courses on digital marketing strategies, getting started with starting a small business, QuickBooks, tax seminars, and how to get financing.
Gatterman said Stevens Point’s three-person team offers training and guidance to small business owners, whether they’re providing a service such as dog walking or considering building a multimillion-dollar expansion.
April Kopitzke, executive director of the New London Chamber of Commerce, told the committee: “SBDC is my first resource if I am unable to help a business and they have a question about financing or their business plan. ‘business.
She said she recommends SBDC as a resource for people who may be starting new businesses or looking to expand.
City Administrator Chad Hoerth asked Gatterman for his perspective on the relationship between chambers and cities.
Gatterman said he has worked with many counties, and those where economic development organizations and chambers work together are more successful, have more business start-ups, and have more economic growth.
Another issue Gatterman addressed was the growing need for affordable space and rental-based shared resources.
He said entrepreneurs who have home-based businesses or kitchen-based food trucks are looking for kitchen space, but not restaurant space.
Gatterman noted that if they could share kitchen resources, as well as docks and shipping and receiving services, they could expand their business.
He also noted that as commercial space becomes less available, local cities could reinvent the “incubator” model of the 1980s, where office-based businesses shared space in warehouses and factories. renovated.
The Stevens Point SBDC can be contacted through its website at wisconsinsbdc.org/centers/stevenspoint, by email at [email protected] or by calling 715-346-3838.