Mentoring doubles a small business' chances of success.
According to the U.S. Small Business Administration, only 30% of businesses make it to 10 years. But for small business owners with a mentor, the difference is striking: 70% of small businesses that receive mentoring survive to that ten-year mark, double the rate for non-mentored small businesses.
The actual day-to-day needs of making a business grow,
and making that growth sustainable, are beyond the skills of any one individual. You started a great company — but now that you’re ready to open a storefront, how do you find investors? Write a business plan? Develop a brand strategy? And who has the time for all this? Having an outside advisor who knows your industry and has been there before is crucial.
BusinessAdvising.org leverages an online platform and volunteerism
to provide small business owners with high-quality mentoring at no cost that removes geography as a barrier. If your company is in the Bronx, and the best advisor for your business lives in Virginia, BusinessAdvising.org can make that match happen.