Director of Small Business and Technology Development at MSU Chrystal Irons discusses the market outlook for small businesses in Springfield in 2017. She lists some of the challenges being faced by small businesses, such as finding and retaining talent and finding funding. She also hopes a Trump presidency will be good for business but isn’t exactly sure what to expect just yet. She predicts there will be more startups in Springfield in 2017 with substantial growth in the service and tech industries.
Director of Small Business and Technology Development at MSU Chrystal Irons gives her outlook for small businesses in the Springfield area for 2017. She believes that small businesses will continue to help keep the unemployment rates low. She also discusses the relationship between millennials and small business owners and says as long as business owners are willing to adapt and be open-minded, there’s a lot to be learned from this generation. She also sees millennials starting mainly tech businesses while others, veterans and people moving into a second career, presenting other startups in the coming year. She also advises businesses to keep up with the tech industry or get left behind. And her advice for those wanting to start a business is to seek out experienced mentors, find out if there really is a niche for you, and develop a plan before just jumping in.
Director of Small Business and Technology Development at MSU Chrystal Irons gives her outlook for small businesses in the Springfield area for 2017. She discusses the many support options available to small business owners in Springfield. She lists the eFactory, her department at MSU, SCORE, Missouri Enterprise, Springfield Area Chamber of Commerce and the local schools, MSU, Drury, and OTC all as resources for mentoring, training, education, consultation, and networking for small business owners. She sees growth in the service industry and also in the agricultural industry in the Springfield area. She also touches on microlending and how small business owners should educate themselves on the terms of any loan and how that may affect their cash flow. She advises doing as much research as you can before taking a loan of any kind.
Search sponsored by:
Candida Deckard, one of Springfield Business Journal’s Most Influential Women and the Director of Human Resources and Safety at CNH Industrial Reman, says you need to carefully consider the consequences before you quit your job.