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Growing small businesses is what we do. And we’re good at it.
Every year at the Kansas Small Business Development Center (Kansas SBDC) network we work with thousands of growing small businesses across the state of Kansas. Here are some quick facts about trends we noticed in 2014.
- We help existing businesses, not just startups. The Kansas SBDC works with existing businesses. In 2014, our network worked with 2,392 clients. Of our new clients, approximately one-third were existing businesses. #kansassbdcfacts
- More than 62% of Kansas SBDC consulting hours in 2014 were with existing small businesses. #kansassbdcfacts
- In 2014 more than 4,185 small businesses spent 13,770 hours in small business training with the Kansas SBDC. #kansassbdcfacts
- While the Kansas SBDC still spends a lot of time consulting on marketing with our small businesses, more than 52% of our consulting time was focused on business plans. Additionally, we’ve noticed a significant increase in transition (buy/sell, succession, etc.) assistance in 2014. #kansassbdcfacts
- When looking at the types of businesses the Kansas SBDC worked with in 2014, we noticed a significant increase in manufacturing. Service type businesses still remain the number one business category we work with every year. #kansassbdcfacts
- Kansas SBDC clients consistently grow average annual sales at a pace much faster than all Kansas businesses. In 2012, our clients increased their annual sales by 28% versus all Kansas businesses at 5.9% (Source: Kansas Dept of Revenue)
- Kansas SBDC clients consistently grow average annual jobs at a pace much faster than all Kansas businesses. In 2012, our clients increased their annual jobs by 55.5% versus all Kansas businesses at 0%. (Source: Kansas Dept of Labor)
- 95.4% of our business clients surveyed would recommend the Kansas SBDC to other existing and aspiring business owners (2014 Docking study).
ABOUT THE KANSAS SBDC
The Kansas SBDC network provides existing Kansas small businesses, start-ups, and pre-venture entrepreneurs with no-cost business consulting and resources for every stage of the business life cycle.
The Kansas SBDC network is funded in part through a cooperative agreement with the U.S. Small Business Administration and the state of Kansas. The network receives funding from and partners with higher education and economic development organizations. The Kansas SBDC is nationally accredited through America’s Small Business Development Centers. The statewide host for Kansas SBDC is Fort Hays State University
Learn more by contacting a region office near you.