SBDC Workshop to Provide Tips to Help Retail Businesses Survive Economic Change

To stay competitive, retail businesses must learn to survive in an ever-shifting economic climate.

A Wyoming Small Business Development Center (SBDC) webinar, titled “Tips to Help Retail Businesses Survive an Economic Change,” is scheduled Thursday, Sept. 28, from 2-3:30 p.m. This webinar will explore ways to strengthen retail businesses’ customer bases and create loyal customers who love your businesses as much as you do. 

The SBDC is a partnership among the University of Wyoming, the Wyoming Business Council and the U.S. Small Business Administration (SBA). The SBDC focuses on educating small-business owners and potential owners on how to successfully start and operate small businesses. The SBDC’s main office is located at UW.

Tom Shay, a fourth-generation small-business owner, will present the webinar. Shay, a serial entrepreneur and retail guru, has written more than 13 books on small-business management and more than 400 columns in 75 trade publications. His “nuts and bolts” approach has helped many retailers improve their operations and profitability.

In terms of their businesses, participants should think about the following questions: How was the 2017 season? What kind of opportunities do you see for next year? Heading into the winter season, how does your cash situation look? What was the biggest surprise this summer season? What was the biggest disappointment of this summer season?

“This is a topic that most businesses do not think about until some life event occurs,” says Cindy Beth Unger, business adviser for the Wyoming SBDC.

There is no charge for this program due to a Portable Assistance Grant from the SBA, but participants must register at www.wyomingsbdc.org to obtain the link to the webinar.

Reasonable accommodations for persons with disabilities will be made, if requested at least two weeks in advance. Language assistance services for clients with limited English proficiency will be provided. For more information, call Greg Jordan at (307) 766-3593, or email him at gregj@uwyo.edu.

The Wyoming SBDC Network is a business advising group of the Wyoming SBDC, Procurement Technical Assistance Center, Market Research Center and SBIR/STTR Initiative. The network’s mission is to help Wyoming entrepreneurs succeed. Advising and most market research activities are free of charge to Wyoming residents.

The SBDC is funded, in part, through a cooperative agreement with the SBA. Additional support is provided by the Wyoming Business Council and UW.

For more information, go to www.wyomingsbdc.org or call 1-800-348-5194.