Small Business Institute
The Small Business Institute is a customized, in-depth, confidential consulting service for small businesses and a hands-on program for students in the College of Business to participate in real world business management experiences.
Services
Under the supervision of faculty members, teams of two to four senior-level or graduate students consult with the business client to obtain first-hand knowledge of the specific business and its operation. The program provides assistance in the following areas:
- Developing Business Plans
- Developing Marketing Plans
- Advertising strategies
- Cash flow management
- Collection and credit policies
- Computer information systems
- Hiring plans
- Information Systems
- Inventory control systems
- Management development
- Market surveys
- Marketing plans
- Site Studies
Benefits
- Clients of the Small Business Institute receive inexpensive consulting services, including, an in-depth objective analysis, a comprehensive written and oral management report, and a recommended plan of action.
- Students participating in the Small Business Institute gain valuable real-world experience through consulting with small business clients. Students use up-to-the-minute management knowledge to analysis and assist small businesses with their workplace needs, and in turn they enhance their:
- Critical thinking, planning, organization, and time-management skills
- Understanding of group dynamics and the work of teams
- Understanding of entrepreneurship and career opportunities
For more information contact:
Paul Brown
Senior Lecturer
Office: Richard H. Barry Hall, 300B
Phone: 701.231.7681
Email: paul.brown@ndsu.edu
