When Is The Right Time To Start Thinking About Business Transition Planning?
At some point, all businesses will need to transition due to choice, opportunity, or necessity. However, many small business owners in Boone County have yet to think about their business transition plans. When starting a business, owners are mostly thinking about the beginning and how to grow and sustain throughout the years. But in reality, […]
Why Marketing Budgets Are Vital To Small Businesses
During many conversations with local Boone County businesses, we are often asked for help with marketing guidance. In order to get a better understanding of each business, we ask what their marketing budget is. Some common responses we receive are: My business utilizes free social media posts as our way to market our brand. I […]
What is BCDA’s Business Loan/Gap Financing Program
Over the years, BCDA has implemented numerous programs to help Boone County entrepreneurs get their start or grow their businesses. One of our most used programs is our Business Loan (gap financing) Program. So, what is gap financing? In general, gap financing is used when a buyer requires financial assistance to cover a gap in […]
Why Small Businesses Fail And How To Set Yours Up For Success
Running a small business is extremely rewarding, yet demanding at the same time. As a small business owner, you end up wearing many hats. You’re the marketing department, HR, customer service, bookkeeper, etc. It’s easy to see why so many small businesses fail when owners are being pulled in 100 different directions. “Studies have shown […]
Does My Small Business Need a Website
A common question we get asked a lot from small business owners in Boone County is, “Does my business need a website?” The short answer is that each business and its needs/goals are different, depending on what you want to accomplish. But nobody likes to answer a question with another question. So, we put together […]
How To Set Your Small Business Up For Success When You Don’t Have A Big Team
Small business owners are constantly being pulled in a thousand different directions, and in small communities like ours, it seems like every person wants to speak to the owner. By the end of the week, you have worked tirelessly to help your customers, but there is still a laundry list of things that need to […]
How to Start a Business in Boone County
Starting a business takes a lot of planning, research, and fearlessness. One of the hardest parts of the process is just taking the first steps. That is where we come in. BCDA is dedicated to assisting you along this journey from day one. Let us take the guesswork out of where you should begin by […]
BCDA’s Energizing Entrepreneurs Program: Success Stories
BCDA is focused on helping entrepreneurs It’s an important time of year for all businesses but especially for our local small business owners. The Boone County Development Agency (BCDA) is focused on helping entrepreneurs move forward with their goals, and through a combination of grants, the BCDA Gap Financing Loan Program, and one of the […]
What is Boone County Emerging Leaders Academy
History of the Emerging Leaders In 2015, the Boone County Development Agency (BCDA), wanted to spearhead and revamp the county young professionals’ group, which was then known as the Boone County Young Leaders. With a new BCDA Executive Director, Michelle Olson, in place, she was tasked with taking over the existing group as Chairman. A […]
How BCDA is Impacting Lives Through Economic Development
While the words “economic development” aren’t uncommon, it’s not always easy to understand what they mean. For more than 20 years, the Boone County Development Agency (BCDA) has taken a proactive approach to supporting business and infrastructure across each of the county’s communities. BCDA’s Focus in Boone County A non-profit organization, BCDA is dedicated to […]