Where To Learn How To Do Business

Growing numbers of Americans are venturing out on their own, starting businesses that range from technology companies to restaurants. Knowing the ins and outs of getting started is essential to getting a venture off the ground, says Ernie Gauld, director of the UAB Small Business Development Center. "Most small businesses fail because of insufficient funding or a lack of management skills. Entrepreneurs often overlook competition or other factors that can bankrupt businesses. Some just go out and rent spaces and sign their names on contracts. They're not prepared. Fledgling entrepreneurs should look for reputable agencies like the hundreds of SBDC offices nationwide to get free or low-cost, confidential counseling before taking the financial plunge."

Contact Jennifer Park, Media Relations, 205-934-3888 or [email protected].

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