You’ve probably heard the phrase, “A big business starts small.” All it takes is one dedicated person to create the next big thing. Which is a true statement. But how do you make sure you’re running your business the right way?
That is a question many new business owners have, especially since they often think they are alone. This is a common misconception. In fact, most small business owners, about 71%, say networking with other organizations is important, according to an Intuit study. Such a large percentage shows how valuable connections within the community and other businesses are viewed.
If you look around your community, you will find a plethora of organizations and networks exist to assist you. Finding the right expertise to build a solid business foundation can ensure your company will meet the demands of customers and prosper. El Paso offers a number of services to small business owners, from creating and improving companies, to financial advice, to name a few. If you’re a small business owner in El Paso or an aspiring one, the following is a list of local resources available. Any of these organizations will help you with the business-related questions you might have.
The El Paso Small Business Development Center
Created in 1980 and operating with El Paso’s Community College, The Small Business Development Center focuses on providing support for small business owners in El Paso: from assessing business plans, evaluating performance and leadership, examining marketing strategies, providing financial and accounting help, among many others. The best service the center offers is free, one-on-one consultations with a certified business development advisor. You have access to an expert and can ask all of your questions, no matter how big or small. This service is perfect if you value face-to-face interaction and want direct answers from someone who knows the El Paso community, rather than searching through information online that may or may not be accurate. You can call to set up an appointment or fill out a form on their website.
In addition, they are constantly hosting seminars, which they have available online. These range from understanding your taxes to creating effective business plans for management, operation, and business growth.
Technologyhub (the HUB)
The Juárez-based company is focused on creating leaders in the borderland, offering workshops, specific industry insights, and tools to help owners run their businesses with the maximum potential. If you’re thinking about moving your business or expanding your business into Juárez, you should contact the HUB. They offer spaces for companies in early stages of development and even provide support for more well-established businesses. It’s the perfect resource for making the business transition from El Paso into Mexico.
They offer tours every Wednesday at 5pm. You can register online and check out all they have to offer in person.
The El Paso Hispanic Chamber of Commerce
For over 24 years, the organization has been serving the borderland community, working to take input from the community and influence public policy that supports small businesses. They offer business development courses, teach the latest business trends, and provide a place for small business owners to network. The organization invites members of the El Paso community to join the organization. Some of the perks include help with federal, state, and local government transactions, lending opportunities, and aiding you in becoming a certified business owner.
There are exclusive weekly events for small businesses to take part of, posted on their calendar. If you’re desiring like minded business owners in El Paso, they are the organization to contact.
Woman’s Business Border Center
In partnership with the El Paso Hispanic Chamber of Commerce, the center aims to empower all business women, regardless of socio-economic status, race, age, etc. They offer online resources, workshops, mentorship, and networking. While they specifically target women, they are more than willing to help anyone.
In addition, their website is bilingual and you can navigate through their services in both languages.
Of course, this is not an exhaustive list. There are so many other organizations that offer similar small business developmental assistance in El Paso. The Economic Department, for instance, is another great resource that helps with business licensing.
More broadly, The U.S. Small Business Administration’s website has the most extensive amount of information available online for small businesses. While most of the information is more generic and less area specific, the website’s still beneficial for understanding the basics of business and what’s available to you.
At the end of the day, you need to remember—whether you’re just starting a small business, thinking about opening one, or trying to expand and develop your company in El Paso, resources are available for you. Mentors, opportunities, and workshops are everywhere—you just need to reach out!