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Economic Developers: A Great Resource for your Business

Wednesday, November 23, 2022

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Setting up a business is a challenge. Just managing the paperwork, accounting and regulations alone can be daunting to an entrepreneur. Not to mention the essential capital requirements every business needs to kick start operations. Where can a new business owner turn to get their questions answered?

Look no further than GROW SD. GROW South Dakota is a statewide non-profit organization that provides programs and loan products to advance housing, community, and economic development, and is a valuable resource to help build your businesses or to get help attracting the right talent for your team. 

Resources to Help Your Business

At GROW SD, we are familiar with business retention and expansion strategies and know about available real estate properties that can meet your business needs. 

On any given day, you will find GROW SD helping business and community leaders with economic development strategies, discussing workforce development and training options, talking about social media marketing tactics, or just listening to business ideas and offering feedback. 

Solve Problems and Bring Your Ideas to Market 

A successful Economic Development Organization (EDO) has the ability to bring innovation and programs to communities who need to quickly react to a changing marketplace. GROW SD has access to a board of experienced business owners and a network of people who can help to solve most any problem presented to a  business owner. 

Get Help Managing Cash Flow

Have you put together your 60 day or 90 day cash flow document? One of the most critical skills a business owner needs is learning how to manage the uncertainty of cash flow. Rather than doing this alone, remove some of the guesswork of your cash flow by sitting down with our team at GROW SD and sharing your spreadsheet. Having an extra set of eyes to look at the numbers will uncover hidden revenue and hidden costs to make your projections more accurate. 

You Can Depend on Us for Help Growing Your Business 

In business, it truly is about who you know and finding people that can help you to achieve success quickly. We can help you to make informed decisions that will reduce stress and bring stability to your business. 

For more than 40 years, our mission has been to support business owners through loans and business technical assistance. We continue this tradition today with affordable business financing. 

Contact GROW SD  today and find a wealth of information and resources to help your business grow. Ultimately, you will be contributing to the success of the community and building a better economy. 
 

Category: News

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The GROW South Dakota Organizations Have had a Remarkable Few Years!

Grow South Dakota deployed 172 down payment and closing cost loans for a total of $1.17 million, paired with $25.2 million in partner first mortgages.

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GROW South Dakota

GROW South Dakota
104 Ash Street East | Sisseton, SD  57262
Phone (605) 698-7654 | Fax (605) 698-3038 info@growsd.org