New Biz Ventures for Vets

BULLHEAD CITY — Mohave Community College’s Small Business Development Center is partnering with the Mohave County Workforce Development and the Arizona State Veteran Employment Services to offer veterans new opportunities to start their own businesses.

“The SBDC, the county and the state are committed to the long-term success of the small business community and veterans in Mohave County by providing this kind of education,” said Mark Retersdorf, SBDC executive director. “If we can start or grow these veteran-owned businesses through this training, they could potentially hire other veterans as employees to further that success.”

The partnership has created an opportunity to offer 10 sponsorships for the “Boots to Business” program. The three-day program will be presented on MCC’s Bullhead City, Lake Havasu City and Kingman campuses. Each day, a six-hour course will provide training, tools and resources allowing transitioning service members to evaluate opportunities of becoming successful entrepreneurs.

Through the “Boots to Business” initiative, service members will learn the nuts and bolts of how to start and grow a business, as well as tools taught through the acclaimed Profit Mastery course. The curriculum will include presentations on starting a business, financial statement analysis, cash flow planning, planning for growth, cost, volume and pricing issues, and determining the right kind of financing for your business. Participants will practice teaching points by using case studies and discussing real-life examples.

“Veterans who are interested in starting their own businesses or even expanding existing businesses should consider expressing their interest now for this opportunity, which will be presented at no cost to them,” Retersdorf said.
According to the U.S. Census Bureau, nearly 14 percent of Mohave County’s residents have served in active duty.

The SBDC and the Mohave County Workforce Development Division also invite local banks, businesses, organizations or individuals to sponsor a veteran’s participation in the program.

Express your thoughts