Eleven of the fourteen recipients registered for the class posed for a picture after learning about Financial Statements during Session 4.
Small Business Beginnings
Aspiring and current business owners in the Wagner and Lake Andes area recently participated in Small Business Beginnings, a series of five business classes offered by SDSU Extension Community Vitality an organized by Wagner Area Growth.
During these classes, participants planned for success in business by having the opportunity to write or update their business plans, participate in “board” meetings, and learn from a variety of speakers that covered everything from business structure to taxes and licensing to financial statements and finance options. Each week, an entrepreneur from another part of the state was “spotlighted” and introduced to the class. Participants also networked with other entrepreneurs throughout the class.
Business Plan Contest
Participants had an opportunity to compete in a business plan contest and win at $250 cash prize. Each submitted business plan was reviewed and then returned to the owner with comments. The recipient of the Business Plan Prizes were: Alicia Esplund, Konspiracy Cosplay Custom Costuming, and Chad and Lisa Peters, Crosby Jaeger Funeral Homes.
These classes were sponsored by Wagner Area Growth, the City of Wagner, the City of Lake Andes, First Dakota National Bank, and SDSU Extension. If you want to know more about hosting Small Business Beginnings classes in your community, contact Peggy Schlechter 605.394.1722.