Sure! Here’s a summary of the key points from the interview between Mike Switzer and Marquise Jackson:
Overview:
- Organization: The South Carolina Small Business Development Center (SBDC) has been supporting entrepreneurs since 1979, offering free consulting and low-cost seminars.
- New Program: They recently launched a program called “Elevate SC,” aimed at helping businesses prepare for exit strategies.
Key Highlights:
-
Purpose of SBDC:
- Provides one-on-one confidential counseling for business issues.
- Offers workshops and connects businesses to resources.
- Operates 20 locations throughout South Carolina.
-
Elevate SC Program:
- Aimed at businesses that are profitable and have been operating for three or more years.
- Focuses on increasing business value and preparing for potential sale or transition.
- Features a multi-point assessment tool (Quist) that benchmarks businesses against industry peers, typically costing owners $5,000-$7,000, which is provided for free.
-
Program Duration:
- The Elevate SC program duration is approximately two months, involving initial assessment and phased coaching.
-
Goal:
- Help businesses increase their market value for future transitions, whether selling or passing on to family or employees.
Contact Information:
- Businesses interested in learning more can find links on the South Carolina Business Review webpage.
Feel free to ask if you need information on any specific part!
