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Building a Profitable Business Takes Time
By Travis Snider
In September 2010, a group of 17 local companies joined the first Small Business Accelerator at Everett Community College. The Program's promise was to accelerate company growth and profitability while reducing an owner's time in running the business. By the end of ten months, participants reported a number of significant improvements, but also lamented, there was still so much to do.
The group was made up of very experienced entrepreneurs. Revenues ranged in size from $400,000 to $10 million. Employee counts were from 5 to 70. The average length of ownership was over 15 years.
The program introduced students to a process we call "Business Acceleration". This is a method of assessing, designing and growing a company in a structured and sustainable manner. In the vision exercise of the business acceleration model, most participants determined they would double the size of their companies within 3 to 5 years. Read more... |
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2011 Small Business Accelerator program launches in two weeks
Experienced business owners seeking to grow the profitability of their business can sign up now for the 2011 Small Business Accelerator program. The program is available to the first 20 businesses that meet the program's entry requirements.
The cost of the program is reduced by more than 40% (from $3000 to $1700) thanks to a grant from the Herbert B. Jones Foundation, which partially subsidizes the cost.
The program is designed for business owners with a minimum of 5 years of experience. Read this month's Snohomish County Business Journal article featuring the 2010 Small Business Accelerator.
Inquire today at accelerator@everettcc.edu or call 425-267-0150 to sign up for a free information session:
Information sessions
- Thursday, September 8th from 7pm - 8pm
- Tuesday, September 13th from 5pm - 6pm
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